Urad prices have started softening due to the consistent efforts made by the Department of Consumer Affairs. According to the Ministry of Consumer Affairs, Food and Public Distribution, the Centre Government’s proactive measures have been pivotal in stabilizing prices for consumers while ensuring favorable price realization for farmers. The Ministry said, as a result of these initiatives, wholesale prices of Urad have witnessed a week-on-week decline of 3.12 percent in Indore and 1.08 percent in Delhi markets.
The Ministry said, area sown for Urad has reached over five lakh 37 thousand lakh hectares compared to three lakh 67 thousand hectares in last year. It said, the anticipation of good rainfall is expected to boost the production in major Urad producing states such as Madhya Pradesh, Andhra Pradesh, Uttar Pradesh, Rajasthan, Tamil Nadu, and Maharashtra.