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India allows import of 4 lakh tonnes of urad in 2021-22


Date: 05-03-2021
Subject: India allows import of 4 lakh tonnes of urad in 2021-22
PUNE: The Indian government today announced import quota of 4 lakh tonnes for urad for 2021-22 as local prices of whole urad (black matpe) have been rising. There are concerns about supplies from Myanmar, main source of urad imports, due to a military coup in that country.

In a notification issued today, the government has announced import quota of urad only for millers/refiners.

The domestic crop of urad was damaged due to erratic rainfall, leading to a gradual rise in urad prices. The price of whole urad with skin, used as raw material for making urad dal, is currently ruling 25 per cent above MSP. Whole urad is trading around Rs 75/kg to Rs 80/kg against the MSP of Rs 60/kg.

As Myanmar is the only major source for urad outside India, traders were worried about the political instability in Myanmar and had demanded timely decision to ensure stable supplies. There are also concerns about supply of tur dal, the good quality of which, comes from Myanmar.

Government will distribute mill wise import quota at a later stage, said the notification.

Suresh Agarwal, president, All India Dal Millers Association, said, “The permission for urad import has been given for a year unlike previous year, when it was given only for a few months. The short import window of previous year had lead to increase in international prices. Due to the change of government in Myanmar, shipping lines were likely to face difficulties.”

Source:-economictimes.indiatimes.com

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