In a transfer that can assist growers realise higher costs, India has ended duty-free imports of yellow peas, which have been seen as a foremost motive for the sharp fall within the costs of pulses within the international market. The event comes when kharif crops arrival is peaking.
In a notification issued late on Wednesday, the Finance Ministry mentioned from November 1, yellow peas will appeal to a ten per cent import obligation and 20 per cent Agriculture Infrastructure Growth Cess (AIDC) 1.
The event comes on the heels of the pulses trade looking for the reimposition of obligation on yellow peas. The obligation was discontinued since December 2023.
Transfer to boost returns
The transfer to impose the obligation inside 7 months of constructing shipments duty-free follows the Authorities’s choice to approve the procurement of moong (inexperienced gram), urad (black matpe) and tur (crimson gram) at their respective minimal help costs (MSPs) in Telangana, Odisha, Maharashtra and Madhya Pradesh. Together with soybeans, the procurement might lead to an estimated expenditure of ₹15,095.83 crore.
The choice to reimpose import obligation on yellow peas will assist Indian growers realise higher costs as at the moment, they’re fetching charges decrease than the MSPs fastened by the Authorities. Costs of tur are rulign under ₹7,000 a quintal in opposition to the MSP of ₹7,550 and of urad at ₹6,150 (₹7,400). Moong is quoted at ₹6,557 in opposition to the MSP of ₹8,682 a quintal.
Moreover this, costs of pulses within the international market have crashed in view of a great crop in international locations reminiscent of Canada, the US, Australia and Russia. Moreover African international locations have had a great harvest of pigeon peas (tur).
10-20% value dip
In response to information from the International Pulses Confederation, costs of many pulses have declined by 10-120 per cent up to now 3 months. For instance, the costs of inexperienced lentils have declined to $610-640 per tonne at the moment, in contrast with $765-785 in August.
Pigeon peas from Africa have crashed to ranges of $550 a tonne from over $600 in August. Equally, costs of chickpeas have plunged under $500 a tonne from about $700 in August.
Costs of yellow peas have nosedived to between $300 and $320 a tonne from $415 in August.
Revealed on October 29, 2025
