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
August 2,2020

New Delhi, Aug 2: Union Home Minister Amit Shah today tested positive for COVID-19 coronavirus infection and has been admitted to a hospital. 

Shah took to social media today to inform about his infection. “I have tested positive but my health is fine," he said, adding that he has been hospitalised on the assistance of doctors. 

The Union Home Minister also appealed to those who came into close contact with him in the last few days to get themselves tested for COVID-19.

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News Network
May 21,2020

Bengaluru, May 21: The top two food-delivery startups, Swiggy and Zomato, will begin delivering alcohol in some cities starting from today, as they cash in on the high demand for booze during the country's coronavirus lockdown.

India was among the few countries to restrict liquor and tobacco sales as it announced one of the world's strictest lockdowns in March.

Hundreds of people started queuing up at liquor stores earlier this month when the government eased some restrictions, leading the police to resort to baton-charges to disperse crowds in some cases.

The companies will roll out the service in select cities in Jharkhand, starting with Ranchi from today, Swiggy and Zomato said in separate statements.

Swiggy said it was in advanced talks with multiple states to launch the service in more locations, and both firms said the move to allow alcohol orders through smartphones will promote social distancing and customer safety.

"By enabling home delivery of alcohol, we can generate additional business for retail outlets while solving the problem of overcrowding," said Anuj Rathi, vice president of products at Bengaluru-based Swiggy.

The new service also comes as both Swiggy and Zomato face sharp declines in their core business, with restaurants remaining shut during the two-month lockdown, forcing the companies to cut hundreds of jobs to save cash.

News agency reported earlier this month that Zomato was aiming to branch out into delivering alcohol. Swiggy is backed by South African internet group Naspers Ltd, while Ant Financial, an affiliate of Chinese e-commerce giant Alibaba Group Holding Ltd, is a major investor in Zomato.

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News Network
March 2,2020

Paris, Mar 2: A global agency says the spreading new virus could make the world economy shrink this quarter, for the first time since the international financial crisis more than a decade ago.

The Organization for Economic Cooperation and Development says Monday in a special report on the impact of the virus that the world economy is still expected to grow overall this year and rebound next year.

But it lowered its forecasts for global growth in 2020 by half a percentage point, to 2.4 per cent, and said the figure could go as low as 1.5 per cent if the virus lasts long and spreads widely.

The last time world GDP shrank on a quarter-on-quarter basis was at the end of 2008, during the depths of the financial crisis. On a full-year basis, it last shrank in 2009.

The OECD said China's reduced production is hitting Asia particularly hard but also companies around the world that depend on its goods.

It urged governments to act fast to prevent contagion and restore consumer confidence.

The Paris-based OECD, which advises developed economies on policy, said the impact of this virus is much higher than past outbreaks because "the global economy has become substantially more interconnected, and China plays a far greater role in global output, trade, tourism and commodity markets."

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