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Date: 23/04/2024

Pulses imports soar 84 pc 
 
India’s pulses imports in fiscal 2024 surged 84 per cent year-on-year to their highest level in six years after lower production prompted allowing duty free imports of red lentils and yellow peas. Higher imports by India, the world’s biggest importer, producer and consumer of protein-rich pulses, have been supporting global prices and helping bring down stocks in exporting countries such as Canada, Australia and Myanmar. India imported 4.65 million metric tonnes of pulses in the year ended March 31, 2024, the highest since fiscal 2018, and up from 2.53 million tonnes imported a year ago, according to provisional data shared by the government. In value terms, imports in the year jumped 93% to $3.75 billion. Red lentil imports from Canada more than doubled during the year to around 1.2 million tonnes despite diplomatic strains, as per a report.
 
Source: Exim News Service: New Delhi, April 22



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