Pulses import falls to 2.5 mln tonnes from 6.6 mn tonnes two years ago
After falling to 2.5 million tonnes in FY19 from a peak of 6.6 million tonnes two years ago, imports of pulses are again expected to fall below 10 million tonnes in FY20. When the price of pulses skyrocketed a few years back, imports jumped to a record high of 6.6 million tonnes in FY17.
The opportunity to grow more pulses in India boomeranged as imports flooded the country along with the Indian crop and prices went below the minimum support prices. However, after several restrictions were placed, imports started falling.