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Govt considers cutting import duties on pulses to cool prices: Report
The brief
- Government is considering cutting import duties on lentils and yellow peas
- The move aims to boost supplies and curb food inflation amid weak monsoon concerns over pulse output
- Lower duties could pressure domestic pulse prices, affecting Indian farmers and food companies
- India steps up palm oil buying after import-duty cut spurs restocking
- Chinese mobile covers likely to cost more as govt imposes anti-dumping duty
- India hikes anti-dumping duty on jute goods from Bangladesh, Nepal
- Restore 44% import duty on crude palm oil, Telangana minister Tummala says
- India weighs scrap import rule changes as recyclers push for port checks
Possible cuts to pulses import duties
The government is considering reducing import duties on pulses to boost supplies and curb food inflation amid concerns about weak monsoon rains. Chana imports currently face a 10% duty, yellow peas 30%, while tur and urad imports are duty-free until March 31, 2027.
Thursday, 1 October
- Govt considers cutting import duties on pulses to cool prices: Report