The Directorate General of Foreign Trade (DGFT) in its latest notification has said that import of yellow peas is allowed after registration under the import monitoring system (IMS) for all consignments where bill of lading (shipped on board) is issued on or before October 31, 2024.
It said the import is permitted without the MIP (Minimum Import Price) and port restriction conditions. Meanwhile, during April-December this fiscal, the import of yellow peas stood at $5.43 million. It was $0.14 million in 2022-23.
Earlier, India had extended the timeline for duty-free imports of yellow peas by a month through April, 2024. In early December, the central government allowed duty-free imports of yellow peas until March 2024. It was part of New Delhi's intervention to cool the prices of the overall pulse basket.