Govt extends 25% import duty on wheat to curb cheap inward shipments
Government has extended a 25 percent tax on wheat imports, the food minister said on Friday, to help curb cheap shipments with domestic stockpiles rising at the world`s second-biggest wheat producer.
Jun 17, 2016, 14:55 PM ISTGovt may hike import duty on wheat to 25% to check imports
The Centre may raise import duty on wheat to 25 percent from the current 10 percent to restrict overseas purchases when domestic stocks are surplus.
Oct 14, 2015, 16:41 PM ISTPrivate millers to import 5 lakh tonnes wheat from Australia
Private flour millers from south India are importing wheat for the first time in a decade and have contracted for 5 lakh tonnes from Australia, of which 60,000 tonnes has already reached Indian ports, traders said.
Jun 23, 2015, 20:04 PM ISTMeasures will be in place in case of poor monsoon: FinMin
Government will put in place a combination of measures like offloading rice and wheat stocks to cool down prices in case of a below normal monsoon this year.
May 20, 2015, 19:03 PM IST