Finance ministry says to seek farm ministry view on hiking tur import duty.

Finance ministry is likely to seek the view of the agriculture ministry on whether an increase in import duty on tur to 25% would help farmers as harvest of the pulse is over. The food ministry had proposed last week of hiking import duty on the pulse to 25% from the present 10% to curb a fall in prices. Import duty should be imposed or increased before or during the harvest season in anticipation of a price fall so that farmers are not affected and get fair value for their crop. Govt had imposed a 10% import duty on tur in March, after prices of the second-largest consumed pulse had fallen 20% below MSP. Agriculture ministry estimated India tur output to touch a record 4.23 million tonne in 2016-17 (Jul-Jun), up 65.2% from 2.56 million tonne last year.