India hikes wheat import duty to support local farmers

Author: 
Reuters
article author: 
ID: 
1556347030906680700
Sat, 2019-04-27 06:32

MUMBAI: India has raised its import duty on wheat to 40 percent from 30 percent, the government said late on Friday, as the world’s No. 2 producer of the grain tries to support local farmers.
The step comes as Prime Minister Narendra Modi’s party looks to contain rural discontent due to lower crop prices amid voting in a general election that began on April 11 and ends on May 19.

Main category: 
Tags: 


from ArabNews http://bit.ly/2Vsurns
via Latest News of Dubai

Post a Comment

0 Comments