Govt lays down norms for import of certain Pulses
Commodity Online | April 17 2019
UPDATED 15:03:44 IST

Critical Price Level Could Prompt A Big Move After The Holiday Weekend

Real Estate Showing Signs Of Collateral Damage- Part III

Gold, Silver, Miners Teater On The Brink Of A Breakout

Real Estate Showing Signs Of Collateral Damage

Real Estate Showing Signs Of Collateral Damage- Part II

The Commerce Ministry has laid down a procedure for import of a few varieties of pulses for the current fiscal and has invited applications from millers.

According to the ministry’s foreign trade arm DGFT, millers and refiners of these pulses need licence for imports.

“Procedure for import of 2 lakh tonnes of pigeon peas/ toor dal, 1.5 lakh tonnes urad dal, 1.5 lakh tonnes moong dal and 1.5 lakh tonnes peas (including yellow peas, green peas, dun peas, and kaspa peas) is laid down,” the Directorate General of Foreign Trade (DGFT) has said in a notice, PTI reported.

According to the procedure, for each refining/ processing unit, applicants will have to provide a self-certified copy of a document indicating its refining/ processing capacity. This document should be issued by a central, state or district authority.

The absence of the document will render the application liable for rejection, it said.

“The licence holders shall submit monthly statements indicating the actual arrival of shipments at the Indian ports,” it added.

The country has been importing 4-6 mt (million tonne) of pulses every year to meet domestic demand of about 24 mt.

In view of the bumper output, the government has imposed quantitative caps on the imports.

 



×