In a notification issued today, the government announced import quota of urad only for millers/refiners.
The domestic crop of urad was damaged due to erratic rainfall leading to a gradual rise in urad prices. The price of whole urad with skin, used as raw material for making urad dal, is currently ruling 25% above MSP. Whole urad is trading around Rs 75/kg to Rs 80/kg against the MSP of Rs 60/kg.
As Myanmar is the only major source for urad outside India, traders were worried about the political instability in Myanmar and had demanded timely decision to ensure supplies remain stable. There are also concerns about supply of tur dal, the good quality of which, comes from Myanmar.
Government will distribute mill wise import quota at a later stage, said the notification.
