As a bumper crop is being expected, so on chana for safeguarding the domestic farmers from rate fall and to cut down on the shipments, the centre is thinking to introduce a duty of 25 per cent on import.
As the monsoon was good, so in this season India is expecting a harvest of 22 million tonnes pulses and a 9 million tonnes bumper crop of chana.
As the prices of the crop will fall, so to protect the chana growing farmers, Agriculture Ministry has put forward a proposal to put an import duty on this particular pulse. to control the prices, an import levy of at least 25% will work in this regard the bumper crop along with cheap imports can dent the profits of these farmers and to safeguard them, the ministry has put forward this thought.
Even after a good crop, The other pulses will still have to be imported to satisfy the demand, and for this on any other pulses, the government will not put any import duties.
Wholesale rates of some pulses like tur that are Kharif crops have already crashed this year and for this, there are chances that chana prices will see the same fate.
As the chana crop in the retail prices of the pulses from the last year, around 30% fall has been seen, said by the government. The rates are most likely to fall, as this year crop is very good.
To increase the local production and to reduce the dependency on the imports, the government had started work and to a high of Rs.200 per kg and after that Last year the retail prices had increased sharply.
Now the government wants the farmers to get a good price for the crop as the output of chana has increased by 6 million tonne and they get a moral boost to continue with the pulse crop in the future also.
Annually about 25 million tonnes of pulses is consumed by the country. In the fiscal 2016-17, last year India had imported 5.8 million tonnes also import of similar quantities are expected this year.
