Ravi crops comprise one and a half years of production

With the onset of the cold season favorable for raviupakas across the country, it has become an excellent environment for cultivation of cereals, beans, oil seeds, spices, vegetables. Due to which the production of ravi is set to make a new record this year. Ravi cultivation is almost complete in states like cultivated Gujarat, Rajasthan, Madhya Pradesh, Uttar Pradesh, Punjab, Haryana. Although planting has been delayed in Maharashtra and Karnataka due to some maize, beans and oilseeds are expected to increase in this area.

Nowadays, the government has taken immediate action by giving priority to controlling inflation in pulses. With the government stockpiling 1.5 lakh tonnes of beans that are now in the market, the imports of foreign cheaper pulses are rising. Most imports are made of peas. Last year, the government has begun taking steps to cleanse the beans in India, which has lost more than 1.5 lakh tonnes, with a rise of 6% in import of 1.8 lakh tonnes of pulses.

The crop has also crossed Rs 5 per kg due to lack of damaged goods due to the storms in Madhya Pradesh and Rajasthan. In order to cool the hot market of Adad, the government has increased the import quota to 1.5 lakh tonnes and increased it to four lakh tonnes. Currently on sale at half support price. While all the rest of the beans are being sold at a lower level than the support price.

The government has been working hard against black marketers in the matter of beans. As the 1.5 lakh tonnes of pulses in government godowns are coming to market, the question is whether such measures will control the status of pulses. Due to the different types of breaks in the government, there is no significant growth in the bean business. When inflation rises on food items, the government is experimenting with new restrictions on food markets, including imports and exports. Due to lack of definitive government policy, traders are losing their planning.

On the other hand there is sluggishness in the agricultural markets at present. Farmer Malo's arrivals are modest. Stockist's goods market has arrived. Volume in futures markets is negligible. Disappointment is overwhelming in the futures of traders. Exports have set a record in the spice market in this year, 1-2. During the year, an average export of 200 million tonnes of spices is reported on an average of Rs. 10 million. Meanwhile, the controversy over the trade war between the two largest economies in the world, the United States and China, has softened.

China's list of several industrial products, with the duty to waive the duty on it for one year next December, is likely to counteract the growing impact of trade between the two countries on several commodities, including gold, silver, and metal. Pressure on gold and silver market is rising. The impact of the boom on metal commodities is being seen.

The impact of the commodity sector is likely to be on the market in next year. In the last five years, gold trade averaged a significant return of around 5%, the highest in the last ten years. Market experts predict that gold will rise next year and surpass $ 5 in next year.

India's jewelery market has been lacking in expected business due to rising government demolition and heavy tax burden and high prices for the past few years. The government imposed three per cent GST on gold jewelery in the Budget last year. In addition, the duty on gold imports increased by 5 percent to 5 percent and the jewelery industry suffered a heavy average of 5 percent.

Due to this, the government is demanding relief in import duty and GST in the next budget. Due to heavy import duty, smuggling of gold has also increased significantly which is becoming a boon for the government.