Government
of India today announced 7% export incentives for Bengal Gram (chana) today
under the Merchandise Export from India Scheme (MEIS) for a period of three
months till June 20, 2018. This follows increase in import duty on Kabuli Chana
to 60%
on Wednesday.
on Wednesday.
Bengal
gram (chana), a rabi crop is being harvested in the key growing states of
Madhya Pradesh, Maharashtra, Karnataka and Rajasthan. Though, the export
incentives may not help in export of substantial quantities of chana, trade
thinks that the move will help to cap the downward fall in prices.
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