Government caps import of urad, moong at 300,000 tonne per year

Government has capped the import of urad and moong at 300,000 tonne per year, decision comes after traders urged the government to impose restrictions on import of the grains to ensure better prices for the domestic crop. Sowing of moong, however, has slowed down due to poor rains in the major growing states of Karnataka and Maharashtra. On Aug 5, the government had notified an import limit of 200,000 tonne per year for tur. It had also imposed an import duty of 10% on tur in March, which raised hopes of similar duties on import of urad and moong.