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The move is aimed to "prevent hoarding and unscrupulous speculation, and also to improve affordability to the consumers in respect of tur and chana".
Gardening techniques: This summer, elevate your gardening game by incorporating stackable plants into your garden design.
What to eat: Whether you're a committed vegan or simply looking to improve your health, adding plant-based protein like beans, lentils, nuts, seeds, and tofu to your meals can offer a myriad of health benefits.
Indian buyers bought significant supplies of Canadian lentils earlier in the year for delivery after harvest, said Kevin Price, senior export merchant at Winnipeg-based crop trader Parrish & Heimbecker.
Any undisclosed stock, if found, "will be considered as hoarding" and action under the Essential Commodities Act would be initiated, the consumer affairs ministry said.
Come monsoons, high vegetable prices become the norm, but this year, prices of pulses are up by almost 10 percent.
To enable closer cooperation, both governments are planning more economic, tech and strategic partnerships
On the back of two continuous dry years, pulses production in FY16 was the lowest in six years. Prices went up. But a good monsoon is going to change all that. But the question is whether by September, will pulses will be cheaper?
With prices of pulses soaring to as high as Rs 170 per kg, the government decided to import lentils from Myanmar and Africa and beef up buffer stocks to check the spike in rates
State-run MMTC is looking to import 5,000 tonnes of pulses to keep the domestic prices under control by increasing the availability of lentils.
Releasing the third advance estimate of foodgrain production for this year, the Agriculture Ministry said the overall foodgrains production is pegged at 252.23 MT for 2015-16 as against 252.02 MT in the previous year.
The Centre last month announced that it will create a buffer stock of lentils which will be offloaded in the market should prices firm up
Following concerted efforts made by the government, prices of pulses have continued to show declining trends both in wholesale and retail markets.
Heavy rains over most parts of central and western regions pushed the downpours to be 17 percent above average in the past week, after a flat average in the previous week.
Monsoon rains in India, the world's leading producer of some farm products, have been 23% below average since the four-month season began on June 1, delaying sowing of some summer-planted crops such as rice, lentils and oilseeds.
India's monsoon rains revived in rice, oilseeds, lentils and cereals growing areas over the past week, weather office sources said on Thursday, snapping a two-week long lull and improving output prospects for the summer sown crops.
Last year, lentils and sugar pushed up food prices in India. Now the surging cost of onions, tomatoes and edible oils is driving broader inflation.