Mint Explainer: Why are chana prices rising despite surplus production?
Rising prices of chana present an additional headache for the government, which is already battling inflation on many fronts
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Rising prices of chana present an additional headache for the government, which is already battling inflation on many fronts
Procurement of tomatoes from tomato growing regions of Maharashtra, Andhra Pradesh and Karnataka is also being undertaken, the Union Finance Minister shares.
Prices of tur dal have increased by Rs 200-400/quintal last week for various qualities. In the Akola (Maharashtra) market and in Gulbarga (Karnataka), the price of tur dal shot up from Rs 136/kg to Rs 140/kg last week, while the price of tur imported from Mozambique increased by a substantial `Rs 5.5/kg in a week in Mumbai.
Apart from tomatoes, the prices of other food items have also increased due to supply shortage. The Ministry of Food and Consumer Affairs mentioned in a parliamentary session that tur dal, rice, urad dal, and atta have experienced maximum price increases of 28%, 10.5%, 8% each, respectively, in the past year. The Ministry attributed the rise in tur dal prices to a reduction in domestic production.
TOMATO PRICES: Apart from tomatoes, the prices of other food items have also increased due to supply shortage. The Ministry of Food and Consumer Affairs mentioned in a parliamentary session that tur dal, rice, urad dal, and atta have experienced maximum price increases of 28%, 10.5%, 8% each, respectively, in the past year. The Ministry attributed the rise in tur dal prices to a reduction in domestic production.