Diabytes
India wheat News
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The traders are kept out from the ambit of wheat sale under OMSS (D) in order to avoid hoarding of stocks.
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India is helping the whole world more than any other big country. Countries like America are selling weapons in the name of peace. China is lending loans to small and poor countries. But at such a time, India is providing food grains, medicines and vaccines for COVID to the world.
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The government is offering wheat at a base price of Rs 2,080 per quintal for three main wheat-producing states -- Punjab, Haryana and Madhya Pradesh, while for other states the freight charges at Ex-Ludhiana will be added to the base rate.
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Wheat production stood at record 99.70 million tonne in the 2017-18 crop year (July-June).
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The government could consider increasing the import duty on wheat from the present ten percent.
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Government on Friday imposed 10 percent import duty on wheat till March 2016 to curb shipments and liquidate poor quality grains lying in FCI godowns.
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The government on Friday said it has not yet taken a decision to impose duty on wheat imports.
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