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 Will the dispute between India and Canada affect the prices of lentils or not?

Will the dispute between India and Canada affect the prices of lentils or not?

The Indian government has increased the import of lentils from Australia to curb the rising prices of pulses. At present, approximately two lakh tonnes of lentils will be imported from Australia. In this series, India has also started importing lentils from Russia. Due to the statement of Canadian Prime Minister Justin Trudeau, the problems between India and Canada are increasing. Now in such a situation, it is being estimated that if the tension between the two countries increases further, then inflation in India will increase significantly. Especially there will be a shortage of lentils. Because Canada is the major importer of lentils for India. But, the Central Government officials have completely rejected all types of speculations and rumors.

The increased tension in relations between India and Canada will not affect imports and exports.

Officials say that the strain in relations between India and Canada is not going to affect export-import. We are currently in the comfortable zone for importing pulses from Canada. According to officials, due to the ongoing tension between the two countries, one lakh tonnes of lentils from Canada has reached Indian ports. Officials say that India consumes about 23 lakh tonnes of pulses every year. But, the production of pulses in India is only 16 lakh tonnes. In such a situation, pulses are imported from abroad to meet the remaining needs.

Also read: Which type of lentils should be grown in which area to get maximum production

Indian government may continue zero import duty on lentils

An official has said that about 6 lakh tonnes of lentils from Canada have so far reached the ports of the country. In such a situation, no problem is going to arise regarding pulses in India. The supply of masoor dal in the market will continue as before. Sources also said that the central government may continue zero import duty on lentils even after March 2024 to give a clear signal to foreign exporters.

Permission to import masor dal

According to government data, India had imported 4.85 lakh tonnes of lentils worth Rs 3,012 crore from Canada in the crop season 2022-23. At the same time, in about three months between April and June this year, one lakh tonnes of lentils has reached India from Canada. At the same time, in September 2021, the Center had approved the import of lentils from Russia. The government did not start importing lentils from Russia due to its high price. In such a situation, it is being said that to supply the consumption of lentils, India is preparing a list of countries from where lentils can be imported at cheaper rates. However, at present the interest of farmers in India towards pulse cultivation has increased slightly. Due to this, the production of domestic pulses has also increased.


The increase in MSP of 6 Rabi crops by the Government of India

The increase in MSP of 6 Rabi crops by the Government of India

The Government of India has increased the minimum support price of 6 Rabi crops including mustard, wheat, lentils and gram. This will benefit crores of farmers in especially Uttar Pradesh, Madhya Pradesh, Haryana and Punjab. Also, farmers' income will also increase. A great gift of Diwali has been provided to the farmers by the central government. It has increased the MSP of 6 Rabi crops including wheat. This will give the benefit of crores of farmers of India. His income will also increase significantly. The special thing is that Prime Minister Narendra Modi's government has increased the MSP of Rabi crops from 2% to 7% percent. At the same time, the increase of MSP by the Union Cabinet has also been approved. Meaning that when the purchase of Rabi crops starts for crop season 2024- 25, farmers will get funds at the rate of new MSP.


Rabi crop 

Wheat, linseed, mustard, safflower, peas, gram and barley fall into the rabi crop. Their sowing is done between October to November. The special thing is that most of the Rabi crops are cultivated in the states of North India. Talking about wheat, Uttar Pradesh is called its largest productive state. This is followed by the number of Madhya Pradesh, Gujarat, Bihar Punjab, Haryana and Rajasthan. Currently, the central government has increased the price of wheat by Rs 150 per quintal in the MSP of wheat. After this, wheat MSP Rabi marketing season 2024-25 increased to Rs 2275 per quintal. Meaning that from the decision of PM Modi's cabinet, crores of farmers of Gujarat, Bihar, UP, Haryana, Punjab and Rajasthan will get a lot of benefit.


Also read: Before Diwali, the central government can increase the MSP of 23 crops including wheat.


Where and how much mustard is produced in India

Similarly, Rajasthan is the top state of mustard yield in India. It has 46.7 percent participation in the total mustard produced in India. This means that Rajasthan produces only 46.7 percent mustard. This is followed by the number of Uttar Pradesh, Madhya Pradesh, Haryana and West Bengal. At present, the central government has increased the minimum support price of mustard at a rate of Rs 200 per quintal. With this, the minimum support price of mustard has reached Rs 6550 per quintal. In such a situation, farmers of these states will get immense benefit.


Inflation will decline due to increasing mustard production area

Also, agricultural experts say that according to consumption in India, mustard yield is very low. In such a situation, edible oils have to be imported from abroad. However, the decision to increase the MSP by the Central Government has been taken at a proper time. The mustard sowing season is going on. For your information, let us tell you that due to the increase in MSP, farmers will sow mustard in more areas to earn more. This will increase mustard production in India, which may cause mustard oil prices to fall. This will also reduce inflation significantly.