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Updated 14:00 IST 23 Oct 2014

The MSP may be hiked by Rs 50 to rs 1,450 per quintal. MSP of other crops like Maize and mustard may be increased by 4-5 per cent.

The development follows an assurance by the UP Government, on Monday, to millers that their conce..

“It is about the future — in particular the future of the Bali decisions and the futu..

Investors purchased gold as a way to preserve value and hedge against inflation and recession. Go..

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Know Tur

Tur or Pigeon Pea is another pulse crop known for its rich nutritional value and wide use across many countries in the world. Tur believed to be a native of India spread to other regions in Asia and is currently cultivated in nearly 25 countries. It is also known as red gram, Congo Pea, Gungo pea etc.

India is the largest producer accounting for more than 80 percent in area as well as total production in the world. Other major producers are Myanmar, Malawai, Nepal etc.

Global production of tur is estimated to be around 4 million tons. Global production of tur has increased 40 percent since 1970s with the rise in area of cultivation in many countries in Asia and Africa.

Read all about India's exciting Pulses market here!

In India, the total area under tur is estimated at 3.75 million hectares. The main centres of tur output in India are Maharashtra, Uttar Pradesh, Karnataka, Madhya Pradesh and Gujarat.

Tur contributes nearly 20 percent of India’s total pulses crop production of 12-15 million tons per year. The yield in India is between 600-1,200 kg per hectare.

Tur is cultivated between June-September period and arrival of fresh crop begins from October. India also imports around 400,000-500,000 ton of tur per year. The main source for import is Myanmar.

Climatic conditions have a crucial bearing on shaping the market sentiments in the case of tur. Carryover stocks, import and price of other pulse crops are other major factors shaping fortunes of domestic tur market.

Want to get the latest Futures and Spot Prices of Indian Pulses? Check out here!

Indore, Bhopal and Vidisha in Madhya Pradesh, Jalgaon, Latur, Mumbai and Akola in Maharashtra are the major trading centres of tur in the country. Delhi, Kanpur, Hapur, Jalandhar, Ludhiana, Sangrur, Gulbarga, Chennai etc. are also known for their tur markets.