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LATEST NEWS UPDATES | Centre levies 50 per cent import duty on peas; domestic prices likely to get a boost -Jitendra

Centre levies 50 per cent import duty on peas; domestic prices likely to get a boost -Jitendra

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published Published on Nov 12, 2017   modified Modified on Nov 12, 2017
-Down to Earth

The development will directly benefit chickpea farmers, who are likely to get higher price for chickpea crops this season

There is some good news this Rabi season for farmers who grow chickpea (also known as gram, chana). The Central government has imposed 50 per cent duty on the import of peas, in a bid to check cheaper import from Canada.

The import of cheap peas directly affects chickpea farmers, as peas are most commonly used to adulterate ground chickpea or besan. “Traders make profit after mixing peas with besan and it affects farmers whose crops couldn’t get better price,” says Pasha Patel, a farmer leader from Maharashtra.

The price of imported peas is around Rs 1,850 per quintal. The minimum support price of chickpea was Rs 4,000 per quintal last year. This import duty will curb cheap import and boost domestic prices.

Besides, government has also raised the import duty on wheat from 10 per cent to 20 per cent. These developments are likely to bring relief to rabi farmers amid an environment of poor returns. Farmers’ harvest in the previous cropping season, Kharif, fetched prices much lower than the minimum support price (MSP) that was declared earlier by the government. This trend is visible for multiple crops in the past few years.

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Down to Earth, 10 November, 2017, http://www.downtoearth.org.in/news/centre-levies-50-import-duty-on-peas-likely-to-boost-domestic-prices-59074


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