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Falling inflation, prices: Panel calls for ban, curbs on import of major pulses
['Harish Damodaran', 'Harish Damodaran Is National Rural Affairs', 'Agriculture Editor Of The Indian Express. A Journalist With Over Years Of Experience In Agri-Business', 'Macroeconomic Policy Reporting', 'Analysis', 'He Has Previously Worked With The Press Trust Of India', 'The Hindu Business Line', '... Read More', 'Cdata', 'Var Template_Content']
The Indian Express
The CACP’s proposal on banning/restricting the imports of the three major pulses comes ahead of the upcoming 2025-26 rabi cropping season.
India imported a record 72.56 lakh tonnes (lt) of pulses worth $5.48 billion during 2024-25 (April-March).
The Centre had, in December 2023, scrapped the import duty on yellow/white peas, while doing the same for chana in May 2024.
Story continues below this adThe landed prices are similarly low, at $480-490 per tonne, for imported chana and masoor.
These prices, in combination with unrestricted imports, makes it all the more difficult for Indian farmers to realise prices anywhere close to their MSPs.