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Government raises custom duty on wheat to 30%

Government raises custom duty on wheat to 30%

In order to protect domestic growers from cheap imports, the government has raised the customs duty on wheat to 30% from 20% earlier. The increase in import duty on wheat comes in the wake of record domestic......

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Wheat procurement up 16% to 31.87 MT so far

Wheat procurement up 16% to 31.87 MT so far

The procurement of wheat has risen by 16% and stood at 31.87 million tonnes (MT) so far in this marketing year and is all set to cross the government's target of 32 MT. As many as 18,326 centres have been......

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Government procures 19.31 LT of wheat in current marketing year

Government procures 19.31 LT of wheat in current marketing year

The government has procured 19.31 lakh tonnes (LT) of wheat from farmers in the current marketing year so far. The government has fixed wheat procurement target at 320 LT for 2018-19 marketing year, as......

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Government estimates 320 LT of wheat procurement during RMS 2018-19

Government estimates 320 LT of wheat procurement during RMS 2018-19

The Government has fixed procurement target for Rabi Marketing Season (RMS) 2018-19 as 320 lakh tonnes (LT). In consultation with the states, it has been decided to keep an estimate of 320.00 lakh MT of......

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Wheat acreage slips 4.27% in current rabi season

Wheat acreage slips 4.27% in current rabi season

Wheat acreage has declined by 4.27% to 30.42 million hectare in the current rabi season of 2017-18. This may lead to fall in production from last year's record 98.38 million tonne (MT). The farmers had......

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Wheat production may touch over 100 MT in 2017-18 crop year

Wheat production may touch over 100 MT in 2017-18 crop year

The production of wheat is expected to touch an all-time of over 100 million tonnes (MT) in the current 2017-18 crop year (July-June) on account of likely increase in acreage and yields. As per Agriculture......

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Government hikes import duty on wheat to 20%

The government has increased the rate of basic customs duty on wheat from 10% to 20%. This step has been taken in order to curb cheap shipments and give positive price signal to farmers in the ongoing......

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Government hikes MSP of wheat, pulses

The government has increased the Minimum Support Price (MSP) of wheat by Rs 110 to Rs 1,735 a quintal and of pulses by Rs 200 per quintal. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime......

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Government may raise import duty on wheat

The government is likely to raise import duty on wheat from 10% to 20-25%. A final call regarding tweaking import duty of wheat will be taken soon. The global prices are currently depressed and increase......

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Wheat procurement touches 30.1 MT so far in 2017-18 marketing year

Government's wheat procurement has touched 30.1 million tonnes (MT) so far in the ongoing rabi 2017-18 marketing year, crossing the last year's total purchase of 22.9 MT. About 11.7 MT of wheat has been......

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Wheat production likely to touch 98 MT during 2016-17 crop year

The production of wheat is likely to touch a record 98 million tonnes (MT) in the ongoing 2016-17 crop year ending June. This is on back of higher yields and taking into account the feedback received by......

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Wheat procurement rises by 13.74% to 119 lakh tonnes

The government's wheat procurement has gone up by 13.74% to 119 lakh tonnes (LT) so far in the 2017-18 marketing year. The procurement commenced early this year, from March 15, in some states like Madhya......

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Millers to import 8.25 LT of wheat from Australia, France and Ukraine

Flour mills have inked deals to import 8.25 lakh tonnes (LT) of wheat from Australia, France and Ukraine. These contracts were entered during the July-August period for delivery this year. Millers are......

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Haryana government releases Rs 8,586 crore wheat payment to farmers

Haryana government has made 96% payment amounting to Rs 8,586 crore for wheat to farmers, as per information provided by Haryana Food and Supplies Minister Ram Bilas Sharma. The government procurement......

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Government estimates 300.59 LT of wheat procurement during 2015-16

For Ravi Marketing Season (RMS) 2015-16, the Government has fixed procurement target as 300.59 lakh tonnes (LT) against the actual wheat procurement of 280.23 LT during RMS 2014-15. The target was fixed......

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