India’s pulses imports may fall to 40-45 lakh tonnes in the current fiscal from 47.38 lakh tonnes last year, industry body India Pulses and Grains Association (IPGA) chairman Bimal Kothari said on Friday. He said domestic production is likely to increase and retail prices are likely to fall due to a good monsoon, Bhasha reported.
There is also a demand to impose import duty on yellow peas
According to the report, IPGA also demanded that the government should formulate a long-term policy for the Rs 2.5 lakh crore pulses market as frequent changes in policies harm the interests of all stakeholders. It also demanded an import duty on yellow peas. Kothari told reporters at the ‘India Pulses Seminar 2024’ organized in the national capital that pulses imports are likely to be 40-45 lakh tonnes this fiscal.
Due to this there will be a decrease in imports
Kothari said that imports will decrease due to the expectation of better production of pulses in the crop year 2024-25 and higher imports in the last financial year. Kothari said that the country had imported 16 lakh tonnes of lentils in the last financial year. We need to import only 10 lakh tonnes of lentils. He said that the import of yellow peas may also be less than the level of 2023-24. Kothari said that monsoon rains have been better this year. The area under pulses has increased in the Kharif season. Domestic production is expected to increase.
Decrease in the prices of pulses in wholesale markets
The IPGA chairman said that the prices of pulses in the wholesale markets have come down in the last one month and it is expected to come down further. In the last one month, the prices of tur in the wholesale markets have come down by Rs 20 per kg. Kothari said, “The prices of pulses will not increase this year, but will keep falling.” Last month, the government informed Parliament that India’s import of pulses increased by 90 per cent year-on-year to 47.38 lakh tonnes during 2023-24 to meet domestic demand.
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