Restriction on import of pulses to stabilise the prices
Export of various pulses have been made ‘Free’Author : Sunaina
New Delhi: To stabilise the prices and protect the interest of the farmers, the Government has restricted the import of pulses.
The Government has restricted import of pulses like tur, moong and urad since August, 2017 with annual Quota Restriction of 5 lakh MT (2 lakh MT for tur, 1.5 lakh MT each for urad and moong) in order to stabilise the prices and protect the interest of the farmers, informed the official sources.
Also all varieties of pulses, including organic pulses, have been made 'Free' for export without any quantitative ceiling. The export has been allowed through Customs EDI ports. However, export through the non-EDI Land Custom Stations (LCS) on Indo-Bangladesh and Indo-Nepal border has also been allowed. However such exports are subject to registration of quantity with DGFT.
For last four years, the value of imports in million dollars was 11637.48 for Vegetable Oils , 1418.63 for Cashew, 1942.92 for Fresh Fruits, 990.70 for Spices, 2908.33 for Pulses and 936.52 for Sugar, the said the sources.