In November, retail costs of pulses surged 20.23% in contrast with 18.8% in October, whereas wholesale costs rose at an excellent quicker 21.6%.
| Photo Credit: Arundhati Sathe
With pulses inflation accelerating amid poor output prospects for the Kharif crop and a major lag in Rabi crop sowing, the federal government on Friday prolonged the import obligation exemption on Masur dal by a yr, extending its validity till March 31, 2025, from the present deadline of March 2024.
In November, retail costs of pulses surged 20.23% in contrast with 18.8% in October, whereas wholesale costs rose at an excellent quicker 21.6%. As of December 15, Rabi crop sowing for pulses was 8.2% decrease than a yr earlier. India imports pulses from international locations comparable to Canada, Australia, Myanmar and Mozambique.