In a transfer that may assist growers realise higher costs, India has ended duty-free imports of yellow peas, which have been seen as a most important purpose 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 stated from November 1, yellow peas will appeal to a ten per cent import obligation and 20 per cent Agriculture Infrastructure Improvement Cess (AIDC) 1.
The event comes on the heels of the pulses business 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 creating shipments duty-free follows the Authorities’s resolution to approve the procurement of moong (inexperienced gram), urad (black matpe) and tur (pink gram) at their respective minimal help costs (MSPs) in Telangana, Odisha, Maharashtra and Madhya Pradesh. Together with soybeans, the procurement may end in 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 mounted by the Authorities. Costs of tur are rulign beneath ₹7,000 a quintal towards the MSP of ₹7,550 and of urad at ₹6,150 (₹7,400). Moong is quoted at ₹6,557 towards the MSP of ₹8,682 a quintal.
Apart from this, costs of pulses within the international market have crashed in view of crop in international locations equivalent to Canada, the US, Australia and Russia. Apart from African international locations have had harvest of pigeon peas (tur).
10-20% worth dip
In line with knowledge from the International Pulses Confederation, costs of many pulses have declined by 10-120 per cent previously 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 beneath $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.
Printed on October 29, 2025
