Players hit by sluggish exports & rising imports from Bangladesh and Lanka, one-third of production capacity lying idle.
The government has a stock of close to 3.5 million tonnes of pulses, including a buffer of 1.4 million tonnes, said industry executives.
The price increase was also attributed to demand for Eid festivity, said traders.
Kashmir’s current security arrangements are affecting transport of apples, plums and pears from J&K.
The commerce ministry asked the industry associations whether product-specific export promotion councils for processed food were required to boost exports, said persons in the know.
Gateway of opportunities opens up for Trade and Investment in J&K and Ladakh post revoking of Article 370: FIEO President
He added that a new era of growth both for the people of Jammu & Kashmir and Ladakh region has begun.
The supply will peak by end-August and the start of September.
India’s milk production had dropped 10% in June from a year-ago period but a recovery is expected
Traditionally sales pick up from Rakhi and peak closer to Diwali, which falls on Oct 27 this year.
The investigation arm of the antitrust watchdog had said Mahyco Monsanto Biotech was charging unfair licence fees and entering pricing agreements to overcharge farmers for the seeds.
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