Even as protests by farmers in Punjab are underway, Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Piyush Goyal, has stated that the Minimum Support Price (MSP) for pulses in India is at its highest.
He has urged NAFED (National Agricultural Cooperative Marketing Federation of India) and NCCF (National Cooperative Consumers Federation of India) to encourage farmers to diversify into the cultivation of pulses and lentils.
Speaking at the NAFED Pulse 2024 Convention, Goyal pointed out that the MSP on pulses ensures a price 50% over the actual cost of production for Indian farmers, providing an attractive return on investment.
The Union Minister also mentioned that the MSP is 117% higher for Masoor, 90% for Moong, 75% for chana dal, and 60% more for Toor and Urad pulses compared to a decade ago.
Stating that the government is willing to provide assured prices for 5-year contracts for government procurement, the Minister reminded everyone that while India is the largest producer and the 5th largest exporter of millets in the world, the government is putting similar emphasis on pulses and lentils.
While he urged industry leaders to provide suggestions and guidance to improve productivity and grow the pulses industry, he mentioned that the government-procured chana dal, retailed under the ‘Bharat’ brand, has already captured 25% of the market share of lentil gram within four months of its launch.
He stressed that the positive customer reviews received by Bharat Dal on various e-commerce sites demonstrate the ability of Indian farmers to produce high-quality, affordable pulses.
He pointed out that government procurement of pulses has risen by 18 times over the last decade, and the production of pulses has grown by 60% during the same period, from 171 lakh tonnes in 2014 to 270 lakh tonnes in 2024.
(Edited by : Anand Singha)
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