Pulses

Chickpeas: farmers pocket high profits

April 29, 2024 at 9:40 AM , Der AUDITOR
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NEW DELHI. Farmers cultivating chickpeas in India are incredibly lucky this season. Pulse imports have risen sharply indicating that the country is becoming increasingly dependent on imports.

Growing dependency on imports

Prices have surged significantly above the Minimum Support Price (MSP) due to a severe shortage of pulse crops and domestic consumption being on the rise. Current market prices in Maharashtra, for instance, range at record highs of USD 72-89 per quintal, whereas the MSP stands at USD 65. This is good news for farmers, who grow chickpeas as they are experiencing considerable profits this season. Maharashtra is the second largest producing state for chickpeas, after top producer Madhya Pradesh.

India’s pulse imports have ris

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