Agri cess not to impact prices of imported dals: IPGA
3 years, 10 months ago

Agri cess not to impact prices of imported dals: IPGA

The Hindu  

The government's decision to levy agriculture infrastructure and development cess of 20%-50% on imported pulses will not have any impact on prices as the rise in cess will be neutralised by lowering of customs duty, according to India Pulses and Grains Association. In Budget 2021, the government proposed to reduce import duty to 10% on peas, Kabuli chana, Bengal gram and lentils. The amount of cess introduced gets neutralised with lowering of import duty to a flat rate of 10% on four varieties of pulses," IPGA Vice-Chairman Bimal Kothari told PTI. The government has proposed to slap an agricultural infrastructure and development cess of 20% on lentil masoor, 30% on Kabuli chana 40% on peas and 50% on Bengal gram and chickpeas.

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History of this topic

India-Russia pulses trade to strengthen as kharif crop shows resilience
1 month, 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’s pulses imports rise 40% in 2023 as output falls
11 months, 3 weeks 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 …

Govt extends stock holding limits for pulses till December 3
1 year, 2 months ago

Govt extends stock holding limits for pulses till December 3

Hindustan Times  

NEW DELHI In June, to ease supplies of pulses amid high inflation, the Centre had imposed caps on the quantity of two widely consumed variety of pulses -- tur and urad – that traders were allowed to store, a measure known as stockholding limits. Traders of pulses will have to adhere to strict stock limits till December 3 as a …

New Agri Cess Carved Out of Centre’s Money, No Additional Burden on States or Consumers: Sitharaman
3 years, 10 months ago

New Agri Cess Carved Out of Centre’s Money, No Additional Burden on States or Consumers: Sitharaman

News 18  

Finance Minister Nirmala Sitharaman on February 1 announced an agricultural infrastructure and development cess on some goods to support the sector, but she clarified that states will not feel short-changed by this new component and the burden will also not be passed on to the consumers. Speaking to News18 Network’s Editor-in-chief Rahul Joshi, Sitharaman pointed out that the agri infra …

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