White House Revises India Trade Deal Fact Sheet: Drops Pulses, Softens $500B Purchase

Business
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Moneycontrol•11-02-2026, 08:20
White House Revises India Trade Deal Fact Sheet: Drops Pulses, Softens $500B Purchase
- •White House revised its India-US trade deal fact sheet, removing reference to pulses.
- •The $500 billion purchase commitment from India was softened to an 'intent' in the revised document.
- •Agricultural imports, especially pulses, are sensitive for India's farm sector.
- •India's pulses import bill surged 46% to $5.48 billion in FY2024-25, with the US accounting for a small share.
- •Lentils, the primary pulse imported from the US, currently face a 10% import duty in India.
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