The Centre, through consistent efforts by the Department of Consumer Affairs, has successfully managed to lower Urad prices. Proactive measures by the Centre have played a crucial role in stabilizing consumer prices while ensuring favorable returns for farmers.
With good rainfall expected, farmers’ morale is high, leading to projections of a robust crop in major Urad-producing states such as Madhya Pradesh, Andhra Pradesh, Uttar Pradesh, Rajasthan, Tamil Nadu, and Maharashtra.
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As of July 5, 2024, the area sown for Urad has reached 5.37 lakh hectares, compared to 3.67 lakh hectares during the same period last year. The 90-day crop is anticipated to see healthy Kharif production this year.
Significant progress has been made in pre-registering farmers through government agencies like NAFED and NCCF ahead of the Kharif sowing season. These efforts aim to encourage farmers to shift towards pulse production, striving for self-sufficiency in this sector.
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In Madhya Pradesh alone, 8,487 Urad farmers have registered through NCCF and NAFED. Other major producing states, including Maharashtra, Tamil Nadu, and Uttar Pradesh, have seen pre-registrations of 2,037, 1,611, and 1,663 farmers respectively, indicating widespread participation in these initiatives.
The procurement of summer Urad under the Price Support Scheme (PSS) by NAFED and NCCF is currently underway. As a result of these initiatives, as of July 6, 2024, wholesale prices of Urad have seen a week-on-week decline of 3.12% in Indore and 1.08% in Delhi markets.
In alignment with domestic prices, the landed prices of imported Urad are also on a declining trend.
These measures highlight the government’s commitment to balancing market dynamics while supporting both farmers and consumers.
