India extends duty-free import of yellow peas by two months till February 2025
India has extended the timeline for duty-free imports of yellow peas by two more months until February 2025, according to an official notification from Directorate General of Foreign Trade (DGFT).
In early December 2023, the central government allowed duty-free imports of yellow peas until March 2024, later to be extended till April, then June, and later till October and December.
It was part of New Delhi’s intervention to cool the prices of the overall pulse basket.
Reportedly, the duty on yellow peas was first implemented in November 2017 at 50 per cent. India largely imports yellow peas from Canada and Russia.
India is a large consumer and grower of pulses and it meets a portion of its consumption needs through imports.
Read also
UkrAgroConsult presents market research on Ukraine’s livestock sector
Turkey’s Grain Production Expected to Drop 12% in 2025
Weather in major exporting countries remains favorable for harvesting and sowing
Brazil to set new records in soybean production and exports in MY 2025/26
Export demand for barley in Ukraine is growing, but supply remains low
Write to us
Our manager will contact you soon