The government is working on ways to contain the price rise of pulses by boosting supplies and will decide on Minimum Support Prices (MSPs) for kharif crops such as paddy. The government expects to announce the support prices for farmers in the next two weeks.
The Centre fixes MSPs of various kharif and rabi crops every year based on the recommendations of Commission for Agricultural Costs & Prices (CACP). The nodal agency for procurement and distribution of foodgrains, Food Corporation of India (FCI), procures wheat and rice from farmers at the MSP.
The rate of price rise in pulses has been in the double digit for four consecutive months. Inflation in pulses stood at 15.38% in April, up from 13.22% in March.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: