4 days ago

Government Weighs Pulse Import Duty Cuts Before Festive Season

Government Weighs Pulse Import Duty Cuts Before Festive Season
Pulses May Get Cheaper Before Festive Season, Government Weighs Import Duty Cut On Lentils & Yellow Peas · freepressjournal.in

The government is thinking about making it cheaper to bring some pulses into India from other countries.

The pulses being considered are masoor, or red lentils, and yellow peas.

Chickpeas may not receive the same benefit.

This could increase the amount of pulses available in markets.

Rainfall was uneven in important pulse-growing areas, which may reduce supplies.

People also usually buy more pulses during the festive season.

Higher demand and lower supplies can push prices up.

The government has not made a final decision, so it is not yet clear whether shoppers will pay less.

Key facts

Potentially covered pulses
Masoor, or red lentils, and yellow peas
Possible exclusion
Chickpeas, also called chana
Current masoor and chana duty
10 percent
Current yellow-pea duty
30 percent
Existing duty-free imports
Tur and urad imports are allowed duty-free until March 2027
August food inflation
5.95 percent
Rainfall shortfall
Major pulse-producing regions received rainfall up to 30 percent below normal during the June-September monsoon period

Sources

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