Govt says no more import of tur in FY18 as cap of 200,000 tonne hit.

More imports of tur in the current financial year are not required as the 200,000-tonne limit for the fiscal has already been hit. The government has capped import of tur at 200,000 tonne per annum in a bid to check the sharp fall in domestic prices. The import restrictions though not apply to the government import commitments under bilateral trade agreements and other pacts. The move of capping imports comes in the wake of domestic tur prices plunging to fresh lows due to bumper production. Huge procurement to buoy the falling prices by the government also did not serve the purpose.