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Government extends duty-free imports of chana till March.


Date: 03-01-2015
Subject: Government extends duty-free imports of chana till March
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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