Importers restless due to ban on import of moong with immediate effect
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14 February 2021, New Delhi: In the notification issued by the Union Commerce Ministry on 20 December 2021, it was allowed to import moong from abroad through Open General License (OGL) till 31 March 2022, but on 11 February 2022, the ministry suddenly issued a notification. Its imports were banned with immediate effect. This has increased the restlessness and panic among the importers.As per IGrain India, Delhi, There is panic in the importers who are contracting moong for shipment to the upcoming positions.
The importers are strongly demanding the government to withdraw this decision and says that frequent changes in import-export policy of pulses is right way to do business and is causing huge discontent among Importers, Traders, Exporters and farmers too. Traders/ Importers who have already contracted may get under defaulter list.
The government notification said that the import policy of moong has been revised and with immediate effect it has been removed from free list to restricted category. As per older notification, importers can import till 31 March 2022 and the goods arriving at the former ports on or before 30 June 2022 will be cleared by Customs on the basis of bill of lading on or before 31 March, 2022.
After banning imports, the price of moong has started rising. Earlier the price was Rs, 6,800/7,200 per quintal in Indore Mandi, which has now become Rs 7300/7400 per quintal.
From April, 2021 to Jan 22, 1,65,090 metric tons Moong is expected to reach at different ports.
