Tur and Urad Prices Experience Sharp Rise of 8-10% in a Month

In recent weeks, the prices of Tur and Urad, two of India's most important pulse crops, have surged dramatically, leaving farmers and consumers reeling from the impact. The rise in prices has been attributed to a number of factors, including lower production, increased demand, and speculation in the commodity markets.

According to industry sources, the price of Tur and Urad has increased by 8-10% in just a month, with Tur now selling for around Rs 100 per kilogram and Urad for Rs 110 per kilogram. This sharp increase has caused concern among both producers and consumers, as it could lead to increased inflation and make essential food items less affordable for low-income households.

One of the primary reasons for the rise in prices is the decline in production. Due to unfavorable weather conditions, the production of pulses in India has fallen in recent years, leadi

Another factor contributing to the surge in prices is the increased demand for pulses. With the ongoing COVID-19 pandemic, more people are turning to vegetarian diets, which has led to a rise in demand for pulses. Furthermore, pulses are considered a low-cost source of protein and essential nutrients, making them a popular choice among low-income households.

The current situation has also led to speculation in the commodity markets, with traders and investors buying and selling pulses based on their expectations of future prices. This has further driven up the prices of Tur and Urad, making them less affordable for the average consumer.

The government has taken steps to address the issue, including imposing stock limits on pulses and increasing import duties to promote domestic production. However, it remains to be seen whether these measures will be effective in reducing the prices of Tur and Urad in the long term.

In conclusion, the recent surge in prices of Tur and Urad is a cause for concern, especially for low-income households. While there are multiple factors contributing to the rise in prices, it is essential for the government to take effective measures to ensure an adequate supply of pulses and prevent speculation in the commodity markets. Only then can the prices of these essential food items be stabilized and made more affordable for all.