Friday, September 25, 2020

India slashes tariff on Canadian pulse crops

India has temporarily slashed its 33 per cent tariff to 11 per cent for Canadian pulse crops, meaning mainly lentils and peas.

India’s finance ministry had imposed higher tariffs on lentils in late 2017.


Cheap imports were “likely to adversely affect the interest of the farmers” following a productive growing season, the government said at the time.


Since then, food prices have soared during the COVID-19 pandemic.


The tariff reduction applies to all countries except the United States. It applies from Sept. 1 to Oct. 31 this year.