The middle-call and poorer sections of the population are extremely shocked to note the continuous steep rise in the price of Bengal-gram.
Traders who are aware about the shortage of Bengal-gram have hoarded the item and kept it away from sales. The price of Bengal-gram is raising every-day due to stock shortage.
Up to last month, the 1st quality Bengal-gram was being sold at Rs. 100/- per kg. Now, it is being sold at Rs. 210/- per kg. The price of 500 kg bag of Bengal-gram has crossed Rs. 10000/-.
In retail, Bengal-gram is being sold at Rs. 210/- per kg.
The price of black-gram has also shot up. It was sold at Rs. 75/- per kg but the current price is Rs. 170/- per kg.
In Bangalore wholesale market, a bag of 1st quality black-gram of 50 kg is sold at Rs. 8500/_.
Green-gram, which was sold at Rs. 80/- per kg, is now sold at Rs. 120/- per kg. Split-gram is sold at Rs. 75/- per kg.
A wholesale market trader from Karnataka explained that the growth/yield of Bengal-gram in India has reduced considerably. It takes time to import from other countries. These 2 factors are the reason of the steep price rise.
Another point to note is the the imported Bengal-gram is of a lower quality. India-grown Bengal-gram is of top quality. The stock of India-grown Bengal-gram will be available only from next January. Till that period, we cannot expect any reduction in the price of Bengal-gram.
With the oncoming festive season, there a re a number of festivals including Dussera, Ayudha Poojai, Deepavali, etc, the demand for these pulses has gone up. Hence, there cannot be any hope for reduction in the prices of these pulses.
Thus, the festive season will prove to a huge financial challenge for the middle class and poorer sections of the society., Consequently, the prices of food items in hotels are also likely to go up.
The public, who generally used to buy 5 kg of pulses, are now constrained to buy only 2 kg with the sky-rocketing prices.