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India extends wheat import tax by 3 months to June 30 - govt order

India has extended a 25 percent import tax on wheat by three months to June 30, a government order said on Tuesday.


India extends wheat import tax by 3 months to June 30 - govt order

New Delhi: India has extended a 25 percent import tax on wheat by three months to June 30, a government order said on Tuesday.

The move is aimed at shielding domestic farmers from cheap imports particularly as wheat from the new-season harvest will become available by the end of this month, government sources told Reuters last week.

India, the world`s biggest wheat producer after China, raised the import tax to 25 percent from 10 percent in October.

From Zee News

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