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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…
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.