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

Fix pulses’ MRP to check spike in prices: Traders’ body to govt.


Date: 03-06-2021
Subject: Fix pulses’ MRP to check spike in prices: Traders’ body to govt
NEW DELHI: The country’s apex pulses and grains traders’ organisation, IGPA, has suggested the government fix the maximum retail price for pulses to prevent spike in prices and to allow more import of the key kitchen item to tide over any shortage. 

It has also suggested that the government increase the import duty to ensure that the cost of imported pulses arriving in India is more than the minimum support price offered by the government to protect the interest of farmers. 

Vice chairman of India Pulses and Grains Association (IPGA), Bimal Kothari said the industry estimates suggest that the overall availability of domestic pulses will be less than the demand and so there is no other option but to import the item. “We have proposed a hike in duty so that farmers are protected and consumers also get pulses,” he said. 

Flagging the recent advisory of central government to states directing pulses stockholders such as millers, importers and traders to declare their stock and also to verify the same, Kothari said, “These instructions have only served to create apprehension amongst trade stakeholders who are now hesitant to buy domestically produced pulses as well as import pulses. This is defeating the very purpose of the government’s move to remove the restrictions on the imports of tur, urad and moong.” 

He said traders are worried that legitimately procured stock also might come under scanner and in ambit of EC Act land the trader on the wrong side of law for no fault of theirs. 

“Hence, the consumer affairs ministry needs to issue a clarification stating that their intentions are to just monitor stocks held by the trade for policy purposes which will help assuage the apprehensions of the trade,” IPGA said. 

Kothari said their estimates based on ground reports suggest that the domestic production of pulses including chana will be less than the government estimates and India will need to import around 26 lakh tonnes of pulses. 

Kothari said, “As per the 3rd advance estimates data sourced from the website of agriculture ministry, for the Crop Year 2020-21, tur production is expected to be lower by almost 7 lakh tonnes and urad is expected to be lower by 5.2 lakh tonnes and the overall kharif production is expected to be lower by 212 lakh tonnes. Given the ongoing Covid-19 pandemic, IPGA is expecting further shortages of pulses in the forthcoming crop year and believes that as the apex body for the trade, it is IPGA’s responsibility to bring this to the government’s notice well in advance.” 

Source:timesofindia.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 12-04-2024
NOTIFICATION No. 09/2024 – CENTRAL TAX
Seeks to extend the due date for filing of FORM GSTR-1, for the month of March 2024

Date: 10-04-2024
NOTIFICATION No. 08/2024- Central Tax
Seeks to extend the timeline for implementation of Notification No. 04/2024-CT dated 05.01.2024 from 1st April, 2024 to 15th May, 2024

Date: 08-04-2024
Notification No 07/2024 – Central Tax
Seeks to provide waiver of interest for specified registered persons for specified tax periods

Date: 04-04-2024
Notification No. 27/2024 - Customs (N.T.)
Exchange Rate Notification No. 27/2024-Cus (NT) dated 04.04.2024-reg

Date: 26-03-2024
Notification No. 24/2024 - Customs (N.T.)
Exchange Rate Notification No. 24/2024-Cus (NT) dated 26.03.2024-reg

Date: 14-03-2024
NOTIFICATION No. 17/2024-Customs
Seeks to amend notification No. 57/2017-Customs dated 30.06.2017 so as to modify BCD rates on certain smart wearable devices.

Date: 12-03-2024
NOTIFICATION No. 15/2024-Customs
Seeks to amend specific tariff items in Chapter 90 of the 1st schedule of Customs Tariff Act, 1975.

Date: 12-03-2024
NOTIFICATION No. 16/2024-Customs
Seeks to amend Notification No. 50/2017-Customs dated 30.06.2017 so as to change the applicable BCD rate on specified parts of medical X-ray machines.

Date: 07-03-2024
Notification No. 18/2024 - Customs (N.T.)
Exchange Rate Notification No. 18/2024-Cus (NT) dated 07.03.2024-reg

Date: 06-03-2024
Notification No. 13/2024-Customs
Seeks to amend notification No. 50/2017- Customs dated 30.06.2017, in order to reduce the BCD on imports of meat and edible offal, of ducks, frozen, subject to the prescribed conditions, with effect from 07.03.2024.



Exim Guru Copyright © 1999-2024 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.

EximGuru.com

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