Government of India extends imports of tur and urad under the "Free Import" policy till March 2023

Published 2022년 3월 30일

Tridge summary

The Indian government has extended the free import policy for tur and urad pulses until March 31, 2023. This decision aims to ensure a steady supply and reasonable pricing of these pulses. While the move has been applauded by the pulses trade industry and Myanmar growers for its expected stabilization of supply and pricing, Indian domestic producers express concerns over potential impact on prices. The extension of the Open General License (OGL) on Tur and Urad is anticipated to ease concerns of supply shortages and price hikes, though opinions remain mixed regarding its overall effect on farmers and the domestic production sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The import policy for pulses has been revised by the Centre, enabling free imports of tur (arhar/red gram) and urad (black gram) till March 31, 2023. The move is intended to ensure sufficient supplies at reasonable pricing. The Director-General of Foreign Trade (DGFT) announced in a notification that the urad and tur 'Free Import' policy will be extended until March 31, 2023. The pulses trade in India and Myanmar, a significant supplier, has praised the move, but domestic producers have expressed their displeasure, claiming that it would have an influence on prices. Tur prices, which had been hanging below the MSP limit of Rs. 6,300 per quintal, have risen up in recent days, while urad has ruled over the MSP levels. "It's a well-planned decision that would help the trade and industry as well as consumers," Bimal Kothari, Vice Chairman, Indian Pulses and Growers Association (IPGA), said, hailing the government's move. IPGA has been in continual contact with several ministries to ...

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