After tomatoes and onions, soaring dal prices dampen festive fervour

Agencies
October 3, 2019

Bhopal, Oct 3: In the last one week, the price of urad dal has increased by Rs 450-Rs 850 per quintal in the major markets of the country. Along with urad, the prices of moong, masoor and chickpeas (chana) dal have also gone up.

Experts opine that pulses will be more expensive because the urad crop has suffered in Madhya Pradesh due to the incessant rain. At the same time, sowing of pulses has also been estimated to be less in this kharif season than last year.

Rajni, a resident of Delhi's Mandawali area, said that after the spike in vegetable prices, she used to manage with potatoes and lentils as the prices were low, but now pulses have also become expensive.Earlier, chickpeas (chana) was available at Rs 55-Rs 60 per kg, but now it has gone up to Rs 65-Rs 70 per kg while chickpea lentils (chana dal) is at Rs 90 per kg.

Mumbai's Amit Shukla, a pulses market expert, said that there was a rumour in the market on Tuesday that the government is going to impose a stock limit on pulses for wholesale and retail traders, which led to a one-day fall in the prices of all pulses. But for the last one week, the prices of gram, moong and lentils have been going up.

The wholesale price of Urad's FAQ (imported from Burma) variety in the country's financial capital Mumbai on Tuesday was Rs 5,450 per quintal, which is Rs 550 more than the previous week. At the same time, the price of FAQs in the National Capital Region of Delhi was up by Rs 450 to Rs 5,400 per quintal from the previous week. The price of FAQ Urad in Chennai was Rs 5,650, UQ of SQ Variety was Rs 6,775 per quintal. In Chennai, the prices of FAQ and SQ have increased by Rs 600 and Rs 525 per quintal respectively in the last one week. The price of FAQ Urad in Kolkata rose by Rs 850 to Rs 6,200 per quintal in the last one week.

The price of moong has also increased by Rs 100-Rs 200 in various cities during the last one week. The price of Rajasthan Line Moong was Rs 6,100 per quintal in Delhi on Tuesday. In Delhi, the price of moong has increased by Rs 200 per quintal in the last one week. At the same time, the price of gram has increased by Rs 25-Rs 100 per quintal in major mandis of the country in the last one week. In Ganj Basoda, Madhya Pradesh, the price of desi gram increased by Rs. 100 to Rs. 4,100 on Tuesday. The price of Lemon Tur in Delhi was Rs 5,300 a quintal and there has been no significant change in the price in the last one week.

During the crop year 2018-19 (July-June), the total production of all pulses was estimated to be 234.8 lakh tonnes, while traders indicated that the total consumption of pulses in the country was around 240 lakh tonnes.

Not only this, in the current crop year 2019-20, the production of Kharif pulses could be 82.3 lakh tonnes in 2019 as compared to 92.2 lakh tonnes in 2018.

President of the All-India Dal Mill Association, Suresh Agarwal told IANS that the government agency National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) has a full stock of red gram and Bengal gram and also the new crops of red gram will arrive in November-December.

Madhya Pradesh has received non-stop rain for 40 days which has damaged the fields and the crop. It also affected the crop of green gram and black gram by 25-30 per cent. If the rain continues in the state then black gram and green gram might suffer further losses and their prices might increase by 5-10 per cent.

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Agencies
March 14,2020

New Delhi, Mar 14: Excise duty on petrol and diesel was on Saturday hiked by ₹3 per litre as the government looked to mop up gains arising from fall in international oil prices.

Special excise duty on petrol was hiked by ₹2 to ₹8 per litre incase of petrol and to Rs 4 incase of diesel, an official notification said.

Additionally, road cess on petrol was raised by ₹1 per litre each on petrol and diesel to ₹10.

The increase in excise duty would in normal course result in a hike in petrol and diesel prices but most of it would be adjusted against the fall in rates that would have necessitated because of slump in international oil prices.

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News Network
June 24,2020

New Delhi, Jun 24: In a stinging attack on the Gandhi family of the Congress, BJP president J P Nadda on Wednesday said a dynasty and its courtiers have "grand delusions" of the opposition being about itself and stated that a "rejected and ejected" family is not equal to the entire opposition.

In his tweets, Nadda said it was the time for unity and solidarity, and the "relaunch of the scion for the nth time can wait", an apparent dig at Rahul Gandhi, who has been aggressive in his attacks on Prime Minister Narendra Modi for his handling of the border row with China.

Nadda said India lost thousands of square kilometres of land due to the "misadventures of one dynasty" and claimed that the Siachen glacier, where the Indian Army has a strong presence, was almost gone. No wonder India has rejected them, he said.'

The BJP president posted a news report to back his assertions about Siachen.

"One 'royal' dynasty and their 'loyal' courtiers have grand delusions of the Opposition being about one dynasty. A dynast throws tantrums and his courtiers peddle that fake narrative. The latest one relates to the Opposition asking questions to the Government," Nadda said.

Though he did not directly name the Gandhi family or any of its members, the reference was clear.

He said it was the opposition's right to ask questions and added that the all-party meeting called by Prime Minister Narendra Modi saw healthy deliberations, with several opposition leaders giving their valuable inputs.

They also fully supported the Centre in determining the way ahead, Nadda said.

"One family was an exception. Any guesses who," he asked.

Targeting the Gandhis, the BJP president said, "One rejected and ejected dynasty is NOT equal to the entire Opposition. One dynasty's interests are not India's interests. Today, the nation is united and supportive of our armed forces. This is the time for unity and solidarity. Relaunch of 'the scion' for the nth time can wait."

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News Network
May 22,2020

New Delhi, May 22: Reserve Bank Governor Shaktikanta Das on Friday extended the moratorium on payment of loans by another three months till August to provide much-needed relief to borrowers whose income has been hit due to the coronavirus crisis.

In March, the central bank had allowed a three-month moratorium on payment of all term loans due between March 1, 2020, and May 31, 2020.

Accordingly, the repayment schedule and all subsequent due dates, as also the tenor for such loans, were shifted across the board by three months.

As a result of this moratorium, individuals’ EMI repayments of loans taken were not deducted from their bank accounts, providing much-needed liquidity.

The EMI payments will restart only once the moratorium time period expires on August 31.

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