• SENSEX
    NIFTY 50
Agriculture

Government hikes wheat import duty to support farmers

Updated : April 27, 2019 12:14 PM IST

The step comes as PM 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.
Local wheat prices have fallen over 11 percent in 2019 due to ample supply from last year's crop and forecasts of record output.
The government has raised the price at which it buys new-season wheat from local farmers by 6 percent to 1,840 rupees per 100 kg for 2019.
Government hikes wheat import duty to support farmers

You May Also Like

Live TV
Advertisement