India has imported over 7 lakh tonnes (LT) of pulses during April-May of this fiscal to meet domestic demand. As per information provided by Food Minister Ram Vilas Paswan, the country has imported 705,477 tonnes of pulses in the first two months of 2016-17 fiscal. The country had imported 57.97 LT of pulses during the entire 2015-16 fiscal.
The total demand for pulses is estimated at 24.61 MT for 2016-17. The production however varies in the range of 17-19.5 million tonnes (MT). This deficit in domestic supply is met through imports primarily under private trade.
The prices of pulses have soared up to Rs 200 per kg in the retail markets on account of shortfall in domestic production due to adverse weather conditions and increase in demand. In addition, speculation, cartelization, black-marketing/ hoarding has also put pressure on prices of pulses.
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