HomeNewsEconomyPolicyGovt extends import duty exemption on masur dal by one year to March 2025

Govt extends import duty exemption on masur dal by one year to March 2025

The inflation rate on pulses was recorded at 20 percent in November, according to data available from the statistics ministry.

December 22, 2023 / 19:07 IST
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has taken various administrative steps to stabilize the prices of essential items like sugar, rice, pulses, vegetables, and edible oils.

Amid persistently high inflation, the Centre, on December 22, further extended the exemption given to masur dal by one year, as per an order issued by the Central Board of Indirect Taxes and Customs (CBIC).

This exemption, effective since October 2021, will now last until March 31, 2025, as opposed to the earlier notification of March 31, 2024.

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India's food inflation surged to 8.7 percent in November, up from 6.61 percent in October. The inflation rate on pulses was recorded at 20 percent in November, according to data available from the Statistics Ministry.

High food inflation has been a key concern for the government. The Centre has already extended its free grain distribution programme, PM Garib Kalyan Anna Yojana, by five years to 2028, providing 5 kg of grains monthly to impoverished households.