Govt may sell moong dal to tame prices
₹7,755 per quintal (2022-23 crop year) for the S-2023 stock, the retail price of moong dal translates to ₹123 a kg as against the all-India average retail price of ₹115 per kg. To increase retail sale of moong dal, it has been proposed that a discount of ₹1,500 a quintal on MSP of the raw stock could be allowed." At a discount of ₹1,500 per quintal on the MSP of moong stock, the indicative retail prices would be ₹107 per kg for moong dal and ₹93 a kg for moong sabut.
“As many as 408 out of 545 price reporting centres have reported over ₹107 a kg retail of moong dal. One kg pack is being considered competitive.
Retail sale of the pulse at a discounted rate of ₹107 per kg will help stabilise prices," the official informed. “The proposal will be placed before the top authority, which will take a final call." On Friday, all-India average retail prices of moong dal rose nearly 1% month-on-month and 12.7% on year to ₹117.20 a kg.
In the case of wholesale prices, those went up 0.7% on month and 13.2% on year to ₹10,643.49 per quintal, according to the consumer affairs ministry data. As per farmers and traders, prices of moong shot up to ₹14,000 per quintal in key mandis of Madhya Pradesh, Karnataka and Maharashtra two months ago due to poor crop prospects and a delay in plantation caused by erratic monsoon.
Although the mandi prices eased to ₹8,500-10,500 a quintal, prices are ruling above the minimum support price (MSP) of ₹8,558 a quintal (2023-24 crop year), and prices are expected to remain firm because of a lower kharif crop this season. The agriculture ministry in its first advance estimates pegged kharif moong to be 1.4 million tonnes for the 2023-24 (July-June) crop year as compared to last season’s 3.7 mt, including
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