Business Bureau :
The recent move of the Union Government to liberalise import of tur, moong and urad dal to counter its rising prices seems to be not going down well with the local traders who said that it would affect the farmers. Secretary of The Wholesale Grain and Seeds Merchants Association - Pratap Motwani - said that the decision will not only affect the farmers but the traders will also suffer heavy losses due to it. “Soon after the Government announced it, the markets starting witnessing fall in prices of tur and moong.
Prices of other varieties of pulses also fell due to the decision. In Nagpur, tur saw fall of Rs 200 per quintal while moong price fell by about Rs 150 per quintal,” he said. Masur and chana dal prices have also seen similar fall in the local markets. Motwani said that most of the traders and farmers and farmers are in a state of confusion and they are looking forward to buy the commodities. “This will further cause disruption in the markets.” He said that the traders who are sitting on huge stocks of pulses will suffer heavy losses. “Similarly, the decision will not help the farmers get minimum support price (MSP) of the commodities,” he observed.