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India To Allow Pulse Exports

NEW DELHI - Nov 16/17 - SNS -- India's Cabinet Committee on Economic Affairs has removed the prohibition on export of all types of pulses.

The committee will also review the country's export/import policy on pulses and consider measures such as quantitative restrictions, prior registration and changes in import duties depending on domestic production and demand, domestic and international prices and international trade volumes.

"Opening of export of all types of pulses will help the farmer to dispose off their products at remunerative prices and also encourage them to expand the area of sowing," the committee said in a statement.

"Export of pulses would provide an alternative market for the surplus production of pulses. Allowing export of pulses will also help the country and its exporters to regain their markets."

The government believes pulse production "will be sustained in the country and our import dependence on pulses will come down substantially. This is also likely to provide higher levels of protein to the population and work towards nutritional security. The integration with global supply chain is also likely to help our farmers in adopting good agricultural practices and better productivity."

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