Indian government warns traders against forward trade in pulses, increases Myanmar imports, and simplifies payment mechanism.

The Indian government is warning traders against forward trade in pulses and is increasing pulse imports from Myanmar to control prices and tackle inflation. The Essential Commodities Act will be enforced against traders found indulging in forward trade. Additionally, the payment mechanism for pulse imports from Myanmar has been simplified through a Rupee/Kyat direct payment system.

April 13, 2024
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