India: Centre to allow import of black gram, pigeon pea & mung without any quantitative restrictions

Published 2021년 12월 22일

Tridge summary

The Indian government has extended the free import policy for moong, urad, and tur (green gram, black gram, and red gram) until March 31, 2022. This means these pulses can be imported without any quantity restrictions, and importers can wait until June 30, 2022, to make the physical delivery if they issue a bill of lading by March 31. This decision is part of an effort to control costs and stabilize market prices. The majority of these pulses are imported from Africa, Myanmar, and Brazil, with the exception of urad, which is mainly imported from Myanmar.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The government said on Tuesday that imports of moong (green gram), urad (black gram), and tur (red gram) will be allowed to continue without quantitative restrictions under the "free" category until March 31 of next year. Furthermore, importers can continue to take physical delivery until June 30, 2022 if a bill of lading is issued by March, according to separate notifications from the Commerce Ministry. The government amended the pulses import policy in May, transferring tur, urad, and moong from the 'restricted' to 'free' category in an effort to keep costs under control. The notifications, which were originally valid until October 31, were then extended until December 31. “The government, despite allowing free import, has kept the window for three months instead of a longer period which has been done in case of refined palm oil. This would assist to keep domestic market prices from rising while also preventing mandi prices from falling substantially," an expert stated. While ...

Source: Krishi Jagran