| Date: |
03-01-2015 |
| Subject: |
Government extends duty-free imports of chana till March |
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MUMBAI: India, the world's biggest producer and importer of pulses, has extended duty-free imports of chickpea, or chana, till March-end, due to lower area under cultivation, a government notification said.
The government was considering a 10 per cent tax on overseas purchases of pulses to support falling prices and also to lift a ban on exports of pulses and edible oils.
"Duty-free imports have been extended due to expectations of lower production as area under chickpeas cultivation has fallen this year," said Bimal Kothari, vice-chairman at India Pulses & Grains Association.
As on Dec. 26, farmers had sown chickpea on 7.78 million hectares as against 9.06 million hectares a year earlier, government data showed.
Source : economictimes.indiatimes.com
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