Govt to allocate quota for pulses imports on June 1

May 14 2018

 After capping imports of tur, urad and moong last year, the government today released norms for such shipments, restricting the imports to only millers and refiners in 2018-19.

Millers and refiners with own processing capacity that intend to import pulses have been asked to submit application during May 12-25, according to a government notification.

“The allocation of quota to each eligible applicant shall be notified on June 1,” it said.

Traders will have to complete their imports by August 31.

The government will distribute the available quota on the basis of annual processing ca-pacity of applicants.

The government has capped imports of tur at 200,000 tonnes for 2018-19.

The cap for urad and moong is 150,000 tonnes each.

The imports were restricted after domestic tur prices plunged due to bumper production last year.

This news has not been edited by Apni Kheti staff and has been published from different feeds.

Source: Business Line