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India Weighs Targeted Pulse Duty Cuts to Ease Prices

Officials are considering lower import tariffs on specific pulses to increase supply and cool retail prices ahead of the festival season.

Overview

  • Reports in early October say the government is exploring cuts to import duties on select pulses, with no formal decision announced yet.
  • Sources indicate the easing would likely focus on lentils (masoor) and yellow peas while keeping chickpea duties to encourage farmers to plant in October.
  • Imports of tur and urad are already allowed duty-free until March 31, 2027, and current levies place chana and masoor at 10% and yellow peas at 30%.
  • A deficient and uneven June–September monsoon left some top producing states with about 30% less rain, which traders and millers say has pushed prices up by roughly 3–10% in recent weeks.
  • Because India supplies most of its own pulses but also imports roughly 23% of consumption, targeted duty cuts could raise short-term availability and help slow food inflation while global prices and domestic yields determine the final impact on shoppers.