News

The "Masur Dal Portal" aims to ensure Minimum Support Price (MSP) to farmers in India

Dried Lentil
India
Market & Price Trends
Innovation & Technology
Published Mar 1, 2024

Tridge summary

The Indian government is set to launch a portal for masur dal (lentil) farmers, ensuring a minimum support price for their produce. This initiative, initially started for tur dal, will now include masur and other pulses to increase profitability for farmers. Additionally, the government is offering chana dal at a subsidized rate under the Bharat brand. With these measures, India is projected to become the world's largest lentil producer by the 2023-24 crop year.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The government is set to launch a portal for masur dal (lentil) where farmers who register will be guaranteed the minimum support price (MSP) for their produce.The initiative, first started for tur dal, is being expanded to cover masur and other pulses. in a bid to make their cultivation lucrative for farmers, a senior official said, requesting not to be named.We are about to start registration of masur farmers ahead of the harvesting season so that the procurement process is smooth, the official said, adding that these farmers will get paid by direct benefit transfer.Although India is the largest consumer of pulses, it is dependent on imports for domestic consumption. For masur, it depends on imports from Canada and Australia. Higher domestic production of pulses will help the country reduce their import. While food inflation eased to 8.3% in January from 9.53% in December, it remained elevated compared with the year-ago period, when it was at 6%. The inflation rate at 19.54% in ...
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