Why Tur dal prices are shooting up in India

Tur dal, also called Arhar, is one of the pulses that frequently sees price jumps which ultimately impact other pulses too. Though India is the biggest grower of pulses, it still falls short of tur dal which it has to import in large quantities to fill the demand-supply gap. Hoarding by traders and alleged cartelisation in imports also contribute to price rise. Unprocessed whole tur beans are processed at the dal mills to produce split tur or tur dal. Ex-mill tur dal prices have increased by about 30% since January. Last week, prices of unprocessed whole tur crossed Rs 100/kg. Will stock limits check the price? On June 2, the Central government decided to impose stock limits on tur and urad till October 31 due to a spurt in prices of these pulses. Stock limits on pulses are applicable to wholesalers, retailers, big chain retailers, millers and importers, and are aimed at preventing hoarding and unscrupulous speculation. Prices of tur dal have decreased slightly after the stock ...