Farmers sell pulses at a loss as wholesale prices dip below MSP.

Wholesale prices of just harvested kharif pulses have dropped below the government’s minimum support prices (MSP) despite a lower crop output, forcing farmers to sell their produce at a loss in states such as Rajasthan. The prices are lower despite a 7.5% drop in estimated production of kharif pulses in 2017-18 (year-on-year) as ample stocks are available from the previous (2016-17) crop season.