Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Traders worried over govt’s pulses import move.

Date: 29-08-2016
Subject: Traders worried over govt’s pulses import move
Nagpur: The government's move for another round of imports of pulses has left the traders worried. With the rates fast going southward, the businessmen are saying that bringing more supply by way of imports will only worsen the situation. It will hit the farmer who may not fetch a good price for the produce.

Citing reports that government plans to import another 90,000 tonne of pulses, The Wholesale Grain and Seeds Merchants Association has termed the move as unwarranted. "Already growers of moong dal have started getting a rate below the minimum support price (MSP). As against an MSP of Rs5,225 a quintal, moong dal in the open market is getting a rate in the range of Rs3,500-4,500 a quintal, said a press release issued by the association.

Pratap Motwani, the association's secretary, said already there is enough supply of pulses in the market. "If the government imports more stocks then the rates are likely to fall by more than 50% from the existing level. This will lead to a huge loss for the government. Even the traders will be hit," he said.

According to the association's estimates, the area under pulses cultivation has gone up by 34% this year. As against a yield of 165 lakh tonne last year, it is expected that the output may be at 200 lakh tonne this season due to favourable monsoon. There has been a sharp decline in the rates of pulses but the government has continued with the import initiative buying at higher rates, he said. In a month's time, the rates have gone down from Rs3,000-1,000 a quintal depending on the variety. Even tur dal is in the range of Rs80 to 72 a kg in the open market, as against state government's fair price shop rates of Rs95 a kg, he said.

Source : timesofindia.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help

What is New?

Date: 30-10-2021
Notification No. 78/2021-Customs (N.T.)
Seeks to amend Sea Cargo Manifest and Transhipment Regulations 2018.

Date: 13-10-2021
Notification No. 48/2021-Customs
Seeks to reduce BCD on crude and refined soya, sunflower and palm oils till 31.03.2022

Date: 13-10-2021
Notification No. 49/2021-Customs
Seeks to reduce AIDC on crude soya, sunflower and palm oils till 31.03.2022

Date: 07-10-2021
Notification No.80/2021 - Customs (N.T.)
Exchange rates Notification No.80/2021-Cus (NT) dated 07.10.2021.

Date: 07-10-2021
Notification No. 35/2015-2020
Relaxation in Export Policy of Red Sanders Wood - regarding

Date: 06-10-2021
Public Notice No. 21/2015-20
Implementation of MoU between Government of Republic of India and Government of Republic of Malawi for import of pigeon peas from Malawi - reg.

Date: 05-10-2021
Instruction No. 21/2021-Customs
Submission of Intimation of Arrest Report & Incident Report.

Date: 04-10-2021
Notification No. 34/2015-2020 – DGFT
Amendment in Export Policy of Syringes and incorporation of Policy Condition.

Date: 04-10-2021
Public Notice No. 27/2015-2020-DGFT
Allocation of quantity of 5841 MT (raw/refined) Sugar to EU under TRQ scheme for the year 2021-22

Date: 04-10-2021
Notification No. 59/2021-Customs (ADD)
seeks to extend anti dumping duty on 'ceramic tableware and glassware' originating in or exported from Malaysia, to prevent the circumvention of anti dumping duty levied on subejct goods originating in or exported from China PR vide Notification No. 4/2018-Customs(ADD) dated 21st February, 2018.

Exim Guru Copyright © 1999-2021 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.


C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001