Commenting on the Union Budget 2021, Mr. Bimal Kothari, Vice Chairman, India Pulses and Grains Association (IPGA) said, "The budget has reduced the customs duty in the case of all pulses from various levels, to a sweeping 10%. However, this reduction has been offset by levying the agricultural infrastructure fund cess. So basically, the net impact is zero.
As an association representing the pulses sector, IPGA wants a higher amount of import duty so that the landing cost of imported pulses should be higher than minimum support price which will take care of the interests of the farmers, consumers, government and the pulses trade and industry. Hence IPGA strongly recommends free trade of both imports and exports of pulses. With the government initiatives to boost production, the domestic production of pulses has risen and imports have fallen from 60 lakh tons in 2016 - 2017 to 20 lakh tons of this fiscal year.”
About IPGA:
India Pulses and Grains Association (IPGA), the nodal body for pulses and grains trade & industry in India has over 400 direct and indirect members which include individuals, corporates as well as Regional Pulses Traders and Processors Associations taking it’s pan-India reach to over 10,000 stake holders involved in the farming, processing, warehousing and import business of Pulses across the entire value chain.
IPGA’s vision is to make Indian pulses and grains industry & trade globally competitive; and in so doing, help advance India’s food and nutrition security. IPGA takes the onus of essaying a leadership role in the domestic agri-business and play a more proactive role in the global domain to foster healthy relations among Indian market participants and between India and all associates overseas.
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