Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: India brings back import duty on yellow peas
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Search
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
India reinstates import duty on yellow peas
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > India brings back import duty on yellow peas
Economy

India brings back import duty on yellow peas

March 1, 2025 2 Min Read
Share
SHARE

India has officially ended its duty-free import regime for yellow peas, as no notification has been issued to extend the facility, according to trade sources. The duty-free import policy for yellow peas began on December 8, 2023, and has been extended multiple times since then. The last extension was granted until February 28, 2025, on December 25, 2024.

With no fresh notification issued, the duty on yellow peas has been restored to 30%, along with a 10% Agri Infrastructure Fund Cess, totaling 33% duty. Additionally, imports will only be permitted through the Kolkata port, and the landed price should not fall below ₹200 per kg.

The trade industry has welcomed this development, as it will now have the opportunity to sell yellow peas at a higher price. This change comes after India imported at least 3 million tonnes of yellow peas, primarily from Canada, in 2024, leading to a decrease in prices of other pulses such as pigeon peas, black matpe, and chickpeas.

The import duty regime was a cause of concern for the pulses trade industry, which urged the government to reintroduce duties to support farmers. Following the end of the duty-free regime, prices of pulses in the domestic market have started to rebound, with expectations of further price increases for black matpe, chickpeas, and lentils.

Any decision on extending duty-free imports or reducing customs duty will likely be made after the Agriculture Ministry announces its rabi pulses crop production estimates. The trade industry is optimistic about the future of pulses trade in India following the reinstatement of import duties on yellow peas.

TAGGED:Economy NewsNews
Share This Article
Twitter Copy Link
Previous Article TN BJP to skip March 5 delimitation meet, Annamalai accuses Stalin of spreading ‘imaginary fears’ TN BJP Boycotts Delimitation Meeting, Annamalai Claims Stalin is Fostering False Fears
Next Article AI Express starts flights from Hindon Airport AI Express Launches New Flights from Hindon Airport
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

LIC shares edge higher as analysts eye growth despite mixed Q2

LIC shares edge higher as analysts eye growth despite mixed Q2 Rewrite this headline into a unique, engaging, SEO-friendly news title. Use only English. Maximum 12 words. Output only the new title.

November 7, 2025
Markets sink on global selloff; Sensex down 564 points, Nifty below 25,350

Markets sink on global selloff; Sensex down 564 points, Nifty below 25,350 Rewrite this headline into a unique, engaging, SEO-friendly news title. Use only English. Maximum 12 words. Output only the new title.

November 7, 2025
'Isn’t Rs 4 lakh enough?’: SC questions Shami’s ex-wife Hasin Jahan in alimony case

SC Questions Hasin Jahan: Is Rs 4 Lakh Alimony Not Enough?

November 7, 2025
'Isn’t Rs 4 lakh enough?’: SC questions Shami’s ex-wife Hasin Jahan in alimony case

SC Challenges Hasin Jahan: Is Rs 4 Lakh Alimony Insufficient?

November 7, 2025
Mexican president to criminalise sexual harassment after being groped in public

Mexican president to criminalise sexual harassment after being groped in public make unique title from original. The maximum number of words is 16.

November 7, 2025
Studds Accessories lists at discount despite strong IPO demand, Piramal Finance debuts at premium after merger

Studds Accessories lists at discount despite strong IPO demand, Piramal Finance debuts at premium after merger Rewrite this headline into a unique, engaging, SEO-friendly news title. Use only English. Maximum 12 words. Output only the new title.

November 7, 2025

You Might Also Like

Crude oil futures rise as US revokes Chevron’s licence to operate in Venezuela 
Economy

US revokes Chevron’s Venezuela license, crude oil futures surge

2 Min Read
For decades now, major international attacks traced to Pakistan: EAM Jaishankar
Nation

Decades of International Attacks Linked to Pakistan: EAM Jaishankar’s Statement

3 Min Read
ISMA projects 18.5% rise in net sugar output for 2025-26
Economy

ISMA Forecasts 18.5% Surge in Net Sugar Production by 2025-26

5 Min Read
IHCL acquires majority stake in tree of Life Hotels for ₹17.66 crore 
Economy

IHCL’s Majority Stake in Tree of Life Hotels: A Strategic Acquisition

2 Min Read
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek

Welcome to IndiaNewsWeek, your reliable source for all the essential news and insights from across the nation. Our mission is to provide timely and accurate news that reflects the diverse perspectives and voices within India.

  • Home
  • Nation News
  • Economy News
  • Politics News
  • Sports News
  • Technology
  • Entertainment
  • International
  • Auto News
  • Bookmarks
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

© 2024 All Rights Reserved | Powered by India News Week

Welcome Back!

Sign in to your account

Lost your password?