Pulses are an important food crop and have a global demand. They have a higher protein content and are the major source of protein in an individual’s diet. Pulses not only fulfil nutritional values, but also treat the tastebuds with their great taste. India is now part of top 10 countries who are producing maximum agricultural commodities. Even during covid period, India has set new highs.
Pulses are an important crop in India. India is the largest producer of pulses in the world. As India exports a large volume of pulses, it helps in yielding large financial gains also. Exports of pulses would also mean that Indian cuisine will gain popularity around the world.
The main regions where pulses are grown in India are as follows:
- Western Uttar Pradesh
- West Bengal – Delta Region
- Coastal Andhra Pradesh
- Tamil Nadu
- Coastal and Eastern Karnataka
- Parts of Maharashtra
Today, India is one of the major exporter of various food and agricultural products. One such product is pulses or lentils. There is a large variety of pulses grown in India. Some of the exported pulses are as follows:
In 1992 India exported 34,000 tonnes of pulses which rose to 1,24,880 tonnes in 2016-17. During 2014-20, the annual exports of pulses from India were valued at US$200 – 300 million. In 2018-19, India exported 2,70,000 tonnes of pulses worth ₹1,679.98 crore. Between 2020 and 2021, India exported 2,96,169.83 MT of pulses to the world. The total worth of export was nearly ₹2,116.69 Crores/$284.26 Millions.
United States of America, China, Nepal, United Arab Emirates, Algeria, Sri Lanka and Turkey are the major countries or markets for Indian pulses. Pulses such as Chickpea, Tur or Arhar, Moong Dal, Beans, Urad (Black Matpe) and Masur are majorly consumed in these countries.
On 24th June 2021, the government of India signed an MoU with Myanmar to import 2,50,000 tonnes of urad and 1,00,000 tonnes of tur every year from 2021-22 to 2025-26 through private trade. Apart from this, another MoU was done with Malawi to import 50,000 tonnes of tur every year through private trade. This trade with Malawi would also happen in the same period of time.
The Indian agriculture sector is addressing long due concerns in regard to payments and managing inventory, by using latest digital technology. India is slowly learning to see its agriculture as a source of great innovation and value addition and not just a burden on public finances. This is the time for more and more Indians who have an opportunity to consider new ventures in agriculture.
While the sector of agriculture is using technology to enhance the supply chain, one of the stakeholders of the market in agriculture is Commission Agents that are still facing challenges. They act as a bridge between producers and buyers of agricultural produce. They have to deal with a lot of paperwork, keep a trail of payments and manage the delivery of the required goods. Understanding these concerns and turning this into an opportunity, India’s Number 1 Agritrading Startup Bijak came up with a solution called ChargeERP.
ChargeERP the solution
ChargeERP accounting software has been designed keeping in mind the daily interactions of commission agents in agricultural mandis. It is a cloud-based accounting software introduced with the core aim of reducing the agent’s workload. ChargeERP is the easiest online accounting software available in India. One of the many benefits of this platform is that it can be accessed from anywhere and from multiple devices. It provides data security with end-to-end encryption. Plus, it doesn’t require any kind of technical or accounting expertise.
If you are looking to explore more about this next-level accounting software, feel free to dial +91 9311341199 or visit www.chargeerp.com, and request your free demo today. We also suggest that you follow us on Facebook for regular updates. You can also view the latest instructional videos on the ChargeERP YouTube channel.