Mint Quick Edit | India’s lentils tariff: Half a surprise
1 week, 5 days ago

Mint Quick Edit | India’s lentils tariff: Half a surprise

Live Mint  

Amid global tariff flux and confusion over aims, India has made a relatively straightforward move. It has levied a 10% import duty on lentils, allowed in duty-free earlier, while extending a zero-rate on yellow peas till 31 May. The new lentils levy is split between basic customs duty and Agriculture Infrastructure and Development Cess, which suggests the Centre has an eye on its revenue potential. Self-sufficiency in this farm crop has been under the pressure of a demand upswell, as millions emerged from abject poverty to increase their protein intake, even as we saw a weak supply response to hardening lentil prices from India’s policy-distorted farm sector. As an effort to boost India’s homegrown harvest behind a tariff shield, the tariff is aligned with a budget push for output enlargement across all pulses.

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History of this topic

Dal diplomacy: India's import duty plans to spare the US, punish Canada
2 weeks, 5 days ago

Dal diplomacy: India's import duty plans to spare the US, punish Canada

Live Mint  

New Delhi: India may allow duty-free imports of US pulses, particularly lentils and dry peas, under a proposed Bilateral Trade Agreement. “With the import duty applicable to all exporting nations, the US will get duty-free access for a fixed quantity of lentils, similar to the arrangement India has with Australia under a trade agreement," said the first person. In FY24, …

Bihar polls get protein boost: Centre to curb masoor imports
1 month, 1 week ago

Bihar polls get protein boost: Centre to curb masoor imports

Live Mint  

New Delhi: The Centre is considering high tariffs or a total ban on masoor dal imports, currently allowed freely until 31 March, two people aware of the matter said. According to estimates from the consumer affairs ministry, tur production is projected to reach 3.5 million tonnes in the current year, marking a 3% increase from last year’s 3.4 million tonnes. …

India may extend duty-free yellow pea imports by two months to keep prices of pulses under control
3 months, 1 week ago

India may extend duty-free yellow pea imports by two months to keep prices of pulses under control

Live Mint  

New Delhi: The government is considering extending duty-free import of yellow peas for a few more months, possibly until February, to help lower prices and address shortages of tur and chana, two people familiar with the matter said. “Extending the duty-free import period for yellow peas would not align with India’s strained diplomatic relations with Canada. The farmers and traders …

India-Russia pulses trade to strengthen as kharif crop shows resilience
4 months, 1 week ago

India-Russia pulses trade to strengthen as kharif crop shows resilience

Live Mint  

New Delhi: The trade of pulses, including lentils and yellow peas, between India and Russia is set to grow, following a meeting between Russia's deputy agriculture minister Maxim Titov and India's consumer affairs secretary Nidhi Khare on Monday. To be sure, an influx of imports and promising kharif crop prospects have reduced India’s pulse supply constraints, particularly for tur, urad, …

India may extend duty-free imports of yellow pea till May to maintain affordability and availability domestically
11 months, 2 weeks ago

India may extend duty-free imports of yellow pea till May to maintain affordability and availability domestically

Live Mint  

India is considering allowing duty-free imports of yellow peas for another month, until May, to drive down prices while bridging the demand-supply gap tur and chana, two officials said. The idea is to bridge the gap between supply and demand,” the other official said when asked the rationale behind extending duty-free imports of yellow pea by another month. According to …

India’s pulses imports rise 40% in 2023 as output falls
1 year, 2 months ago

India’s pulses imports rise 40% in 2023 as output falls

Live Mint  

New Delhi: India, which accounts for nearly half of the world’s pulses consumption, imported 2.9 million tonnes of masur, tur and urad in calendar year 2023, marking a 39.7% increase from the 2 mt imported in the year earlier, a senior government official said. To fulfil the domestic requirements, India is likely to end FY24 with pulses import of 4.5 …

How India is building self-reliance in pulses
1 year, 4 months ago

How India is building self-reliance in pulses

Live Mint  

The Union government is crafting a scheme to boost domestic production of pulses with a focus on select states, at a time when erratic weather and more remunerative crops have prompted many farmers to shift away from the kitchen staples. “The government believes that pulses’ growers are fully capable of replicating the production reported in 2016-17 for tur and further …

India continues lentil purchases from Canada to bolster buffer stocks
1 year, 5 months ago

India continues lentil purchases from Canada to bolster buffer stocks

Firstpost  

Canada was the biggest supplier of lentils to India during India’s 2022-23 financial year ended on 31 March with shipments of 485,492 metric tonnes worth $370 million, accounting for more than half of India’s total lentils imports, according to data from India’s trade ministry. Despite the deteriorating diplomatic relations between New Delhi and Ottawa, the Indian government is continuing its …

Canada’s lentil sales to India slow after Trudeau’s allegations
1 year, 5 months ago

Canada’s lentil sales to India slow after Trudeau’s allegations

The Hindu  

Canadian lentil sales to India have slowed since Canadian Prime Minister Justin Trudeau said last week he suspected India of involvement in an assassination on Canadian soil, fearing reprisal from New Delhi that could limit trade, industry sources in both countries say. Indian buyers bought significant supplies of Canadian lentils earlier in the year for delivery after harvest, said Kevin …

India's lentil imports from Canada slows amid strains in diplomatic ties: Report
1 year, 5 months ago

India's lentil imports from Canada slows amid strains in diplomatic ties: Report

India Today  

India's lentil imports from Canada have experienced a slowdown following Canadian Prime Minister Justin Trudeau's recent statements linking India to an assassination that occurred on Canadian soil, reported news agency Reuters. Lentil prices are relatively high due to India's poor crop, but since Trudeau's comments, Indian offers for Canadian supplies have seen a 6 per cent reduction to around $770 …

Ahead of Joe Biden visit, India drops tariff hikes on U.S. almonds, apples, walnuts and lentils
1 year, 6 months ago

Ahead of Joe Biden visit, India drops tariff hikes on U.S. almonds, apples, walnuts and lentils

The Hindu  

Two days before U.S. President Joe Biden arrives in New Delhi for a bilateral meeting as well as the G-20 Summit, India has dropped the retaliatory customs tariffs it had imposed on imports of some American goods like almonds, apples, walnuts and lentils, effective September 6, 2023. India had raised import duties on 28 American products in June 2019, after …

After PM Modi's US visit, India to scrap retaliatory customs duties on these products
1 year, 8 months ago

After PM Modi's US visit, India to scrap retaliatory customs duties on these products

Hindustan Times  

India will remove additional duties on eight US products, including chickpeas, lentils and apples, which were imposed in 2019 in response to America's measure to increase tariffs on certain steel and aluminium products, government sources said. During the recent state visit of Prime Minister Narendra Modi to the US, both countries decided the termination of six WTO disputes and the …

Will reduction in tariff for lentils affect India’s import of masoor dal? Here is what the data suggests
3 years, 1 month ago

Will reduction in tariff for lentils affect India’s import of masoor dal? Here is what the data suggests

Op India  

To counter food inflation, the Government of India has announced a cut in import tariffs for lentils, specifically for masoor dal. On the other hand, there are some apprehensions about the step taken by the government to reduce import duty to NILL would increase India’s import of lentils that would harm the local farmers. Government data explains lentil demand and …

Pulses imports to fall hitting Canada, others
6 years, 8 months ago

Pulses imports to fall hitting Canada, others

The Hindu  

Pulses imports to India, the world’s biggest buyer, may fall to their lowest in almost two decades after the Centre raised import taxes and restricted overseas purchases to bolster prices, impacting the plans of its global suppliers. India’s pulses imports could slide almost 80% to 1.2 million tonnes in the current fiscal, the lowest since 2000-01, Bimal Kothari, vice-chairman, Indian …

India, world’s top lentil lover, extends deadline for foreign exporters
7 years, 11 months ago

India, world’s top lentil lover, extends deadline for foreign exporters

Live Mint  

Winnipeg/Chicago: Canada’s booming pulse industry can breathe a sigh of relief — at least for now — after temporarily settling a dispute that had threatened to halt shipments to India, the world’s largest market. Largest market North American prices tumbled in response and large green lentil prices have dropped 27% to 48 cents a pound in Canada since January, according …

Lentil price boom goes bust as crops recoup from Canada to India
8 years, 5 months ago

Lentil price boom goes bust as crops recoup from Canada to India

Live Mint  

Winnipeg/Chicago: So much for the lentil shortage. “In rare circumstances, you’ll get defaults where they just simply won’t take the goods.” Cheaper beans Expanding supplies may cut costs for food makers including General Mills Inc. that have been adding protein-rich legumes to breakfast cereals, energy bars and salty snacks. Top-quality laird lentils tumbled 34% to 52.85 Canadian cents a pound …

Major bank pegs tumbling pulse prices as global production ramps up
8 years, 7 months ago

Major bank pegs tumbling pulse prices as global production ramps up

ABC  

The export price for Australian chickpeas will drop below $700 a tonne by September next year, a NAB report predicts. This season, growers have seen chickpea and lentil prices soar to $1200 a tonne due to strong demand from India, the world's largest pulse consumer. But now a report from the National Australia Bank warns that in addition to Indian …

India imported 22.37 LT of pulses till Sept at $1,612 mn
9 years, 3 months ago

India imported 22.37 LT of pulses till Sept at $1,612 mn

Firstpost  

During the April-September period, maximum inward shipments of lentils came from Canada at 9.30 lakh tonnes, followed by 5.52 lakh tonnes from Myanmar and 2.23 lakh tonnes from Australia. New Delhi: India has imported 22.37 lakh tonnes of pulses valued at $1,612 million till September in the current financial year, Parliament was informed today. According to the data shared by …

Lentil shortage drives South Australian pulse plantings as prices rise
9 years, 6 months ago

Lentil shortage drives South Australian pulse plantings as prices rise

ABC  

Pulses have been planted to maximum capacity in parts of South Australia driven by a global supply shortage of lentils. Mary Raynes from Pulse Australia said nearly half the area of lentils grown on the Eyre Peninsula is at maximum capacity for the crop; any more and farmers could jeopardise the value of their harvest. "If growers plant anymore in …

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