India likely to import 5 MT pulses in Apr-Dec period
The Dollar Business Bureau To enhance domestic supply market and cool down the retail prices, India is expected to import pulses worth 5 million tonnes during April-December in the current fiscal. Majorly, private players will import pulses. During the same period in the previous fiscal, India had imported 4.5 million tonnes of pulses. The whole of FY16, India had imported 5.78 million tonnes to meet the demand for pulses in the home market. Pravin Dongre, Chairman of India Pulses and Grains Association, said that Indian traders have already imported 1.2-1.3 million tonnes of pulses. He further revealed that private traders are already in contract to import 3 million tonnes, which will be shipped in September-December. The total imports for the latest fiscal, however, depend on the ...
Maha govt may exempt pulses importers from stock holding limit
Source: PTI To ensure smooth supply of imported pulses and check prices, the Maharashtra government is working out a mechanism for exempting importers of pulses from the ambit of stock holding limits. Last week, India Pulses and Grains Association (IPGA) had made a representation to the Finance Minister Arun Jaitley seeking exemption from stock holding limit imposed by the Union Government on October 18 to check hoarding. The Association had also offered to supply 100 tonnes of imported tur dal at Rs.130 per kg on a daily basis for a month to boost supply in the state. “The Centre has forwarded the Association's demand to the Maharasthra government. The state government has held several rounds of meetings with importers on the issue. ...
