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WHEAT IMPORT DUTY
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- Decoding govt’s wheat strategy: Can higher procurement push and export quota hike lift the sector?Experts say wheat procurement may be constrained by limited storage, while exports remain largely uncompetitive globally.
- Wheat industry demands import duty reduction to curb speculation and price volatilityThe wheat processing industry in India has urged the government to reduce the import duty on wheat because of climate uncertainties and pri...
- No proposal to alter duty structure import of wheat: GovtThere have been demand from various industry representatives to reduce the 40% duty on import of wheat to augur domestic supply to contain ...
- Indian wheat prices at 8-month high on festival demand, tight supplyIndian wheat prices have reached an eight-month high due to strong demand for festivals, limited supplies, and import duties making oversea...
- Wheat import duty increased to 40%The government plans to sell 10 million tonnes of wheat and 2 million tonnes of rice in the open market.
- India hikes wheat import duty to support local farmersLocal wheat prices have fallen over 11 percent in 2019 due to ample supply from last year's crop and forecasts of record output.
- Government raises wheat import duty to 30%The move comes at a time when wheat procurement in the domestic market by the government and private agencies is at peak.
- Wheat import duty may be doubledCheap imports in this scenario could hit Indian farmers hard, the officials told ET on Tuesday.
- Government considering raising wheat import dutyHarvesting of the wheat crop has begun in some states like Gujarat and will pick up pace after the Holi festival.
- Government may raise import duty on wheatLast month, the government had doubled the import duty on wheat to 20 per cent to curb cheap shipments and give positive price signal to fa...
- Food minister Ram Vilas Paswan says they may review import duty on wheatSince 2007 till 2015, there was no import duty on wheat. It was imposed in December of 2015 and by December 2016 it was again brought to ze...
- Congress, JD(U) object to reduction of import duty on wheatThey also attacked Prime Minister Narendra Modi, saying decisions were being made outside Parliament when it is in session.
- Government hikes import duty on wheat to 25% from 10% currentlyThe government has raised basic customs duty on wheat to 25% from 10%, which will be valid until March 31, 2016.
- No decision yet on slapping import duty on wheatAt present, there is no import duty on wheat. But the Food Ministry has proposed 10% import duty to curb cheaper shipments as the country a...
- Import duty on wheat likelyThe government is likely to consider imposition of import duties on wheat in a meeting of key ministers later this month.
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