Pulses import duties may ease over poor rains

The Indian government is considering reducing import duties on pulses, including chana and yellow peas, due to poor rains affecting domestic production. This move aims to improve the availability of these essential commodities and control rising prices, which have increased by up to 10% in the past month. If implemented, the duty reduction could ease the financial burden on consumers and help stabilize the market for these crucial food items.

Why it matters

Poor rains have likely impacted India's pulses production, leading to potential easing of import duties. This could help increase pulses supply and reduce prices.

Market impact

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