Centre further extends 25% import duty on wheat
Government on Friday decided to further extend 25 per cent import duty on wheat to curb inward shipments as domestic output is estimated to have gone up by nine per cent despite drought.
As per the Agriculture Ministry’s third advance estimate, wheat output has risen to 94.05 million tonnes in the 2015-16 crop year (July-June) from 86.53 million tonnes in the previous year.
“25 per cent import duty on wheat has been continued further,” Food Minister Ram Vilas Paswan said in a tweet. A notification in this regard will be issued soon.