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Pulses import duties likely to stay unchanged

New Delhi is set to maintain current import duties on pulses. The government will also extend the duty-free period for tur and urad. This move aims to prevent price increases. Officials anticipate an El Nino affecting mo…

Pulses import duties likely to stay unchanged

New Delhi is set to maintain current import duties on pulses. The government will also extend the duty-free period for tur and urad.

Key takeaways

Quick scan — what you need to know:

  • New Delhi is set to maintain current import duties on pulses.
  • The government will also extend the duty-free period for tur and urad.
  • This move aims to prevent price increases.
  • Officials anticipate an El Nino affecting monsoon rainfall.

Background

What led here, in plain terms:

  • Production of tur and urad is expected to decline.
  • This could lead to higher prices and food inflation.
  • New Delhi is set to maintain current import duties on pulses.
  • The government will also extend the duty-free period for tur and urad.

Why it matters

Why readers and decision-makers should care:

  • This move aims to prevent price increases.
  • Officials anticipate an El Nino affecting monsoon rainfall.
  • Production of tur and urad is expected to decline.