Govt extends ban on pulses exports till March 2012
India, the world's biggest producer and consumer of pulses, has extended a ban on export of the commodity till March 2012 as the government battles stubbornly high inflation.
India, the world's biggest producer and consumer of pulses, has extended a ban on export of the commodity till March 2012 as the federal government battles stubbornly high inflation.
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The government had in June 2006 banned exports of pulses and the ban has stayed in place since, though it has been reviewed from time to time.
The commodity has a weight age of 0.72 % in the wholesale price index.
However, the Directorate General of Foreign Trade (DGFT) said in a statement late on Wednesday, exports of Kabuli chana and organic pulses, with a ceiling of 10,000 tonnes, was allowed.
The country's total pulses output in 2010/11 is likely to rise to 16.51 million tonnes from 14.66 million tonnes a year ago, the farm ministry said.
Chana or gram, a winter-sown pulse, accounts for nearly half India's total pulses production.
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