Imports of pigeon peas restricted to 2 lakh MT per year
The Dollar Business Bureau India has imposed a cap on the imports of pigeon peas to 2 lakh MT per year. A government notification regarding the same was issued on August 5, 2017 via DGFT notification no.- 19/2015-2020. The domestic price of pigeon peas declined more than 60% due to bumper production in 2016-17. As per the Commodity Profile for Pulses- June 2017 given out by the Directorate of Economics and Statistics, production of pigeon peas (tur dal) was 4600 thousand tonnes in 2016-17 compared to 2560 thousand tonnes produced in 2015-16. Exports of pigeon peas too touched 12.30 thousand tonnes in 2016-17, registering 8.96% share in the total pulses export, compared to 4 thousand tonnes that was exported in FY 2015, ...
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 ...