Govt extends duty-free imports of Urad till March 2026
The Hindu
India extends duty-free Urad imports from Myanmar until March 31, 2026 to stabilize domestic prices.
India has extended duty-free imports of Urad for another year until March 31, 2026, according to a government notification.
The provision was earlier in place until the end of March this year.
Myanmar is the main exporting country of Urad to India.
"The free import policy of Urad stands extended up to March 31, 2026," the Directorate General of Foreign Trade (DGFT) has said in a notification.
The move would help in stabilising prices of the commodity in the domestic markets.
The imports stood at $601.12 million during April-November this fiscal. Out of this value, $549 million worth of the grain was imported from Myanmar.
The imports stood at $663.21 million in 2023-24 ($646.6 million from Myanmar). Besides Myanmar, India imports Urad from Singapore, Thailand, and Brazil.
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