Pundits are willing to declare the PC on the way out, and the tablet taking over. Convincing the majority of the marketplace to lose the keyboard may be a lot harder than folks realize.
Prices of pulses like tur, urad, moong and yellow peas, are already down by 40% since their peak in 2009 and are likely to remain stable in coming months due to adequate stock and good production
Prices of pulses such as tur, urad, moong and yellow peas are expected to remain stable due to the adequate imports and expectation of good production in the coming rabi season. Experts say availability of fresh vegetables in the winter season also plays a key role in keeping prices of pulses under control.
Bimal Kothari, vice-president, India Pulses and Grain Association (IPGA), told Moneylife “According to our estimates the rabi crop should be fine. Generally, in the months of December and January there is decline in the demand for pulses due to availability of fresh vegetables. This helps in containing the prices of pulses.”
According to Mr Kothari, India, being the net importer of pulses, has so far imported around 1.5million tonnes of yellow peas, moong dal, tur, urad from countries like Canada, Australia, Myanmar and Africa.
Expert say that the above average rainfall, as compared to last year, is good for better rabi production as it helps improve the moisture levels of the soil. “We are expecting the pulses production for 2011-12 to be around 1.6 million tonnes,” says Mr Kothari.
According to the data from the ministry of agriculture, an area of about 4.50 million hectares has been under rabi pulses plantation, an increase from 3.68 million hectare as compared to last year, till first week of November.
In order to encourage farmers to take up pulses cultivation, the government has hiked the minimum support price (MSP) on chana and masur dal. MSP, for both the pulses, has been fixed at Rs2,800 a quintal, an increase of Rs700 per quintal for chana and Rs550 per quintal for masur as compared to last year’s prices.
Mr Kothari says, “I don’t see any reason for the prices to go up. They have actually been subdued by 40% compared to the prices of 2009, where it had reached to its peak. Overall, the pulses prices have negative contribution to the inflation. Expectation of good rabi production, higher MSP will balance the prices in favour of the consumers. The result is already seen in the wholesale market.”