Pulses traders demand ban on import quota in 2018-19

With prices of most pulses ruling below the minimum support price levels, processors and traders have demanded the government to stop even the restricted imports by end of March. India has imposed a quota of 5 million tonnes on annual import of pulses, which if not terminated, will add to the already mounting stocks in the country. Export of pulses, which was not allowed for more than a decade, was also freed up last year. However, both measures did not help much to support domestic prices.