India's pulses imports skyrocketed 84% in fiscal 2024, reaching a six-year high. This jump follows lower production and the government's decision to waive import duties on red lentils and yellow peas.
India witnessed a remarkable 84% surge in pulses imports
In the fiscal year 2024, India witnessed a remarkable 84% surge in pulses imports, reaching a six-year high. This surge, attributed to lower domestic production and the Government's decision to waive import duties on red lentils and yellow peas, underscores the challenges and opportunities in the country's pulses sector.
The National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) serves as a crucial player in procuring agricultural products, including pulses, and plays a pivotal role in ensuring food security and market stability.
In conclusion, while India's pulses sector faces challenges such as production constraints and import dependence, concerted efforts through strategic initiatives and policy interventions can pave the way for achieving self-sufficiency and resilience in pulses production, thereby ensuring food security and agricultural sustainability.
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