India Scraps Pulses Import Tax to Cool Prices Amid Election
India, the world’s biggest consumer of pulses, removed import duties on some varieties in a fresh bid to curb food inflation with national elections in full…
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India, the world’s biggest consumer of pulses, removed import duties on some varieties in a fresh bid to curb food inflation with national elections in full…
Bharat Dal is a major initiative taken by the Union government towards making pulses available to consumers at affordable prices by converting chana stock under the government into chana dal
India has imposed a ban on onion exports until March 31, 2024, following a surge in domestic prices to Rs 40/kg due to crop damage from unseasonal rainfall in Maharashtra. This move is expected to result in a significant drop in onion prices in January. Recent surveys by central government officials assessed the damage caused by the rainfall, and while export demand from Bangladesh had initially supported prices, traders anticipate a decline once kharif onions flood the market in January.
In January this year, the government imposed a stock limit on tur and urad to prevent hoarding and unscrupulous speculation, and help improve affordability for consumers. While the restriction was to end on October 30, the government extended it till December-end. On Tuesday, the all India retail price of urad was Rs 11,198.09 a quintal against last year’s Rs 9,627.48, according to government data.
In January this year, the government imposed a stock limit on tur and urad to prevent hoarding and unscrupulous speculation, and help improve affordability for consumers. While the restriction was to end on October 30, the government extended it till December-end.