India has extended duty-free imports of yellow peas until the end of May

게시됨 2025년 3월 10일

Tridge 요약

The Indian government has extended the duty-free import of yellow peas until the end of May, while imposing a 10% duty on lentils (masur) to ensure the availability of pulses at affordable prices and to support farmers. The decision aims to boost the domestically produced chana by reducing its import, as India relies on imports to meet around 15-18% of its annual pulses demand. The move has received mixed reactions from traders due to the difference between the landed cost and retail price of yellow peas, and the increase in duties on masur.
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원본 콘텐츠

Govt has extended duty-free import of yellow peas by three months, until the end of May, while imposing a 10% duty on imports of lentils (masur), according to a revenue department notification issued on late Friday evening. India mostly imports yellow peas and lentils from Canada, Russia and Australia. Sources said govt’s moves aim at ensuring availability of pulses at affordable prices and send a positive signal to farmers as well. Govt had allowed the import of yellow peas at 0% duty in Dec 2023 to boost availability. This is used as a substitute for chana, and the prices are also much lower. The Centre had extended the free import multiple times amid prospects of lower chana output. In 2017, govt had imposed a 50% duty on import of yellow peas to encourage domestic production of chana. As per official data, the import of yellow peas was around 30 lakh tonnes out of the total import of 67 lakh tonnes of pulses in 2024. Despite being the biggest producer of pulses, India, to ...

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