Imports of pulses to rise in FY2015-16
Aadhira Anandh | The Dollar Business The Government of India is planning to import pulses through state-owned trading enterprises as output is expected to be lower this year while demand is growing. According to trade sources, retail prices of pulses across the country have already risen by up to 70% in the last 12 months and might end up the hitting the highest level in the last two years. "Increase in prices of pulses may register highest growth this year as unseasonal rains in north and central India have damaged the Rabi crop and widened the gap between demand and supply to the extent of 6 MT," says an Assocham study. Industry sources estimate kharif pulses production at 5.3 MT and rabi ...
