India Considers Cutting Import Duties on Pulses to Combat Rising Food Inflation

Business Standard · business

The Indian government is reportedly considering a reduction in import duties on certain pulses to help control rising food prices. This move comes amid concerns over domestic output due to a less-than-average monsoon season. While yellow peas and lentils might see duty cuts, chickpeas are likely to retain their current tariffs. India, a major importer of pulses, relies on these imports to meet demand, which typically increases during the festive season. Food inflation has been on the rise since December, with pulse prices also remaining elevated.