India may ease pulse import duties as rains hurt supply
In short
India may lower import duties on chana and yellow peas because poor rains have hurt supply. Right now, chana has a 10% duty and yellow peas have a 30% duty, while tur and urad are duty-free until March 31, 2027.
This matters because prices of chana, moong, matar and tur have already risen by up to 10% in a month. It is not yet stated whether the duty cut will happen or when it would start.
What the reporting says
India may reduce import duties on chana and yellow peas after poor rains raised concerns over domestic supply, according to the report. Chana currently attracts a 10% duty and yellow peas a 30% duty, while tur and urad stay duty-free until March 31, 2027. Prices of chana, moong, matar and tur have risen by up to 10% in the past month, but the reporting does not say when any cut would take effect.
Why it matters
The report says India is considering lower duties on chana and yellow peas to improve domestic availability and hold down prices. It notes current duties of 10% on chana and 30% on yellow peas, with tur and urad already duty-free until March 31, 2027. Prices of several pulses have climbed in recent weeks. The reporting does not say whether a formal decision has been taken.