Connect with:
Tuesday / November 19. 2024
HomeAgroPolicyIPGA welcomes Govt’s free import policy for pulses  

IPGA welcomes Govt’s free import policy for pulses  

cargills-fish-oil-alternative-gets-us-cultivation-approval
source-public domain(smartagripost.com)

The free import policy will enable the traders to quickly import the required quantity of Tur, Moong and Urad to fulfil the shortage of the pulses.

 

After a gap of three years, India, the largest pulses producer and consumer of pulses in the world, has opened up import of tur, moong and udid as the Union ministry of commerce changed these three pulses from restricted to open category. The India Pulses and Grains Association (IPGA) has welcomed the government decision to allot a quota for imports of 1.5 lakh tonne urad  and said it will not bring down the prices drastically.

While commenting on recent policy on importing pulses, Jitu Bheda, Chairman, IPGA said, “The government has acted promptly and taken an extremely progressive step by revising the import policy of Toor, Moong & Urad from “Restricted” to “Free” with immediate effect. The policy will be in effect till 31st Oct 2021. All consignments will have to arrive on or before 30th Nov 2021 and BL date should be 31st Oct or before. IPGA welcomes this move wholeheartedly as its done keeping the farmers’ interest in mind as well as to help keep the rising prices of pulses in check. It’s a timely decision by the government especially during the current challenging times.

The Open General License (OGL) under the free import policy will enable the traders to quickly import the required quantity of Tur, Moong and Urad to fulfil the shortage of the pulses. We are expecting minimum 250,000 tons of Tur, 150,000 tons of Urad and around 50,000 – 75,000 tons of Moong beans to be imported primarily from Myanmar, African, and the neighbouring countries.

IPGA was continuously representing to the government recommendations in the current inflationary conditions to not only control rising prices but also improve the overall sentiments giving a major boost to the trade. We will continue to facilitate such interventions on behalf of the pulses sector and work in tandem with the government for the overall benefit of the industry and farmers.”

Share

No comments

leave a comment