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Pulses Price Hike: Several factors have contributed to the shortage of tur dal in the market. Firstly, farmers are gradually shifting away from pulses cultivation to high-value cash crops, leading to a decrease in production. Additionally, unseasonal rains also effected the crop.
Food Corporation Of India: Wheat procurement has reached 26.2 million tonnes so far in the 2023-24 rabi marketing year (April-March), more than the last year's total procurement of 18.8 million tonnes. "With the current procurement of wheat and rice, adequate food grains stock in government granaries is maintained," the ministry said in a statement.
As per the report the global production volume of smartphones in the first quarter of 2023 was just 250 million units—marking a 19.5% YoY decrease. “This represents not only the greatest annual decrease but also a historic low in quarterly production since 2014,” notes the report by Trendforce.