In the global markets, pulses prices have slumped because of a bumper harvest.
On an annual basis, potato prices more than doubled, pulses became expensive by over 35 per cent, while onions rose by 27 per cent.
Against this, food inflation stood at 13.68 per cent for the week ended October 31.
The wholesale price-based inflation stood at 0.92 per cent in the previous week.
India's leading national commodity exchanges have asked the government to immediately lift the ban on futures trading on certain agricultural commodities.
Indian futures market may have lost business worth Rs 8,00,000 crore (Rs 8,000 billion) due to ban in forward trading of eight commodities such as wheat, rice and pulses.
Retail prices of pulses have shot up 25-30 per cent in the last one year, forcing the government to ban exports and ease imports of the commodity.
India's leading agri commodity bourse - the National Commodity and Derivatives Exchange said on Monday that its trading volumes have been hit by the ban on futures trading in pulses, wheat and rice.
India's apex commodities market regulator the Forward Market Commission (FMC) says there is no plan now to ban futures trading in any other commodity.
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A decline in prices of food items such as eggs, wheat and pulses as well as a few manufactured products pulled down inflation to 5.77 per cent during the week ended April 21 from 6.09 per cent in the previous week.
A section of politicians want futures trading in commodities banned. But experts say futures market is essential for India to catch up with the rest of the world. A heated debate is on in the booming commodity futures market.
Central government's plan to import pulses to rein in inflation is continuing with renewed vigour as state-run agencies have contracted imports of 437,000 tonnes of pulses till this week.
The annual rate of inflation stood at 5.73 per cent a year ago. Prices of fruits and vegetables declined by 2 per cent, while textile prices fell by 5.9 per cent and cotton yarn by 7.7 per cent, during the week ended December 15.
There was a marginal increase in the prices of cement, and manufactured food products such as bran (6 per cent), rice bran oil (3 per cent) and sooji (1 per cent). However, prices of groundnut oil fell by 2 per cent. Although the prices of crude oil have almost touched $100 a barrel, it did not impact the inflation rate as the government has not passed on the burden to consumers.
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Zzungry said it had introduced limited edition of 'Ulundu kozhukattai' and 'Kova kozhukattai' that are inspired from the cuisines of two states that hold great relevance in the life of Raghuram Rajan.
Procurement will be done through domestic purchases as well as imports.
Include nutritious food in your diet. Avoid alcohol. Take your last meal at least 3 hours before bedtime.
Onions had the highest inflation rate among all major commodities.
Acreage of these crops is likely to fall as prices drop below MSP in mandis; area under cotton, maize may increase on better realisation
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The provision of consultation with the states has further created confusion on MSP
Government acts against hoarders, over 5,800 tonnes of pulses seized
Retail tur dal prices on Monday shot up to Rs 200 per kg despite the government's steps to boost supply and check prices, aggravating consumers' woes.
The fund allocated for pulses buffer is more than 40% of entire farm ministry's 2016-17 budget.
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'Obviously, MSP hike raises chances of a reduction in exports. Even without an MSP hike, India's exports of a number of agri-commodities, like sugar, were unviable in the overseas markets.'
Paswan said his Ministry has acquired 55,000 tonnes of pulses.
Despite the growing clamour from the central government on India turning digital, and banks requesting direct bank account transfer, the state government decided to hand over cheques to the farmers, which can be immediately converted into cash.
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The Centre has taken several measures such as creating a buffer stock of 40,000 tonnes and sale of imported pulses at cheaper rates to give relief to the common man.
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The RBI said recently that the upsurge in inflation in April was led by food and commodity prices.
Farmers said a big reason for the anger was the sudden stopping of wheat procurement by the state government in some places, which had caused the prices to dip below the minimum support price.
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