As monsoon spreads in mainland of the country, farmers across the country are preparing for bumper crop production for the next season.
However, the availability of pulses will remain expensive for consumers for another three months till the harvest begins.
Bimal Kothari, vice-president, Indian Pulses and Grains Association (IPGA) said that there is expectation of bumper production of pulses as prices are very good.
He added that softening of prices is likely to happen from September onwards
In 2016 fiscal, India had imported 57.90 lakh tonne of pulses which consider the highest import so far. However with good monsoon the import rate may come down by next year, as expected by IPGA.
The industry is also concerned about the monsoon as the harvest time of crop production collides with monsoon. Even the excess rainfall may also upset the product.
Kothari further stated that the production of pulses will depend upon the ground situation and rainfall.