Take corrective steps to support falling prices of pulses: Motwani

Source: The Hitavada      Date: 21 May 2018 10:36:37


Business Bureau,

City-based dealer of pulses and President of Wholesale Grain and Seeds Merchant Association, Pratap Motwani, who has been raising voice against the pitiable condition of farmers for quite long, has once again urged the policy makers to support the falling prices of pulses. In his recent tweet to Prime Minister Narendra Modi and Union Food Minister Ram Vilas Paswan, Motwani said that the Governmnet should restrict import of tur and urad to support the diluting prices.

“The farmers are not getting good returns on their crops. In fact they are selling it at a price which is very low. It will create distress among the farmers and also negatively impact the country’s economy,” he pointed out.

Motwani said that the country has huge stocks of pulses and thus there is no need of additional quantity of it.
Motwani further said that production of chana (gram) has surpassed targetted figure and thus its price falling. “We are likely to get 1.05 crore tonne of the chana in the current season as against the previous year’s production of 90 lakh tonne. This is eventually affecting the prices and farmers are bearing its brunt,” he said.

Motwani said that Government should put a complete ban on its import. “The production of the commodity in India in the current season is enough to meet the domestic demand to a large extent and thus putting ban on its import would not use any harm. On the contrary, the initiative would check arrival of chana from other countries thereby giving much needed support to the prices here,” he said.

Apart from this, Motwani said that the Government should set aside chana from the National Commodity and Derivatives Exchange (NCDEX) where hedging of the commodity is also exerting pressure on the prices.