Decision to impose 10 percent import duty on Desi gram as expected

28-Mar-2025 10:40 AM

🇮🇳 Govt Imposes 10% Import Duty on Desi Gram from April 1

📢 Key Update: The Indian government has announced a 10% basic customs duty on Desi gram (chana) imports, effective April 1, 2025.

📊 Market Impact & Govt Strategy

🔹 Why Now?

  • Strong inflow of new gram in domestic markets.

  • Govt plans to procure 28 lakh tonnes for buffer stock at MSP of ₹5650/quintal.

  • Prevent excessive imports that could suppress domestic prices.

🔹 Balancing Act:

  • A higher duty could halt imports, causing prices to rise above MSP—making procurement tough.

  • A 10% duty is seen as "manageable", ensuring imports aren’t completely blocked while supporting local farmers.

🔹 Comparison with Lentils:

  • Similar 10% duty was imposed on lentils earlier.

  • No major disruption in imports expected for either pulse.

🌍 Global Trade & Imports

✅ Key Import Sources: Australia 🇦🇺 & Africa 🌍
✅ May 2024 Move: Govt made gram imports duty-free to control prices.
✅ Now: Import duty reinstated to support local farmers & buffer stock creation.

⚠️ What’s Next?

📈 Domestic prices may see a slight rise but remain within the MSP range.
📉 Import volumes may decline but not significantly.
📊 Government procurement drive will play a crucial role in price stabilization.

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