India may need to import 10 MMT pulses in 2015-16
The Dollar Business Bureau India may need to import more than 10 million metric tonnes (MMT) of pulses to meet the domestic consumption demand during the current financial year as the production is expected to go down due to shortage of rain, an industry body has said. “Considering deficit in rainfall for 2015-16, it is expected that the production of pulses for the year would decrease slightly to 17 MMT against 17.2 MMT recorded in 2014-15,” said the Associated Chamber of Commerce and Industry (ASSOCHAM) in its study. The five major pulse producing states—Maharashtra, Karnataka, Rajasthan, Madhya Pradesh and Uttar Pradesh— contributes around 70% of the country's total Kharif pulse production. But all these states witnessed shortage or rain fall ...
GoI issues tenders to import 5,000 tonnes of pulses to check price hike
The Dollar Business Bureau The government has issued a tender to import around 5,000 tonnes of pigeon peas from September. The move is aimed at checking the rising prices of pulse and bridging the demand-supply gap in the domestic market. In order to check inflation and ensure adequate supply of pulses in the country, the government has asked MMTC and other trading agencies to buy pulses from abroad, according to reports. The MMTC has already invited bids for the supply of 5,000 tonnes of pigeon peas and the quantity can be increased further, the report said. Importers of pigeon peas from Myanmar, Malawi or Mozambique can send their bids by July 10 and a shipment of 2,500 tonnes each must reach Mumbai ...
