Lentils will be sold cheap in America, government removed tax

Now pulses coming from America will become cheaper in India. The reason for this is the removal of additional tax i.e. custom duty on pulses imported from America by the government. This decision of the government will increase the availability of cheap pulses in the Indian market, which will make pulses available to the common people at lower prices. This decision will help India to control the price of pulses in the local market. This will also help in bringing down the food inflation rate.
Apart from this, the Indian government has removed additional custom duty on 8 American products including apples, almonds, walnuts etc. imported from America. The trade of these products between India and the US was a long-standing dispute in the World Trade Organization (WTO), which was resolved with the consent of both the countries in June 2023.
There was so much extra tax on pulses
The Indian government had imposed 22 percent custom duty on pulses imported from America. This has now been ended. India has taken this decision just before US President Joe Biden comes to India for G20. India had decided to impose additional custom duty on American products in 2019, when America, adopting a protectionist stance, increased the duty on aluminum and steel products imported from India. India had imposed this additional tax in retaliation.
Import of pulses from America ends
Import of pulses from America has almost ended due to imposition of additional custom duty by India. During the financial year 2022-23, India did not import any pulses from America, whereas during the financial year 2019-20, India had imported more than 62 thousand tonnes of pulses from America. There is a huge consumption of pulses in India, to meet which pulses are imported. Apart from pulses, India also imports arhar dal on a large scale.