The government on Tuesday allowed the import of moong (green gram), urad (black gram) and tur (red gram) to continue without quantitative restrictions under “free” category until March 31 next year. Besides, importers can continue to take physical delivery until June 30, 2022 if bill of lading is issued by March, the Commerce Ministry said in separate notifications.
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 ...