Page-5 of Wheat Current Affairs, GK & News

Government doubles import duty on wheat to 20%

The Central Board of Excise and Customs (CBEC) under Union Finance Ministry has doubled import duty on wheat to 20% from 10% to curb cheap shipments and give positive price signal to farmers in ongoing Rabi season. It also imposed import duty of 50% on peas to check cheaper shipments from countries like Canada to ..

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The National Agri-food Biotechnology Institute (NABI) signs MoU with Bonn food industries to promote coloured wheat

The National Agri-Food Biotechnology Institute (NABI) has signed MoU with Ludhiana based Bonn Food Industries to promote coloured wheat with antioxidant qualities beneficial for control of diabetes, cholesterol and obesity. It has been developed by routine way of plant breeding by crossing high yielding Indian cultivars PBW550, PBW621, HD2967 with colored wheat procured from Japan ..

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Union Government scraps import duty on wheat  

The Union Government has waived the import duty on wheat to zero from 10 per cent for an indefinite period. This move aims to improve domestic availability in the wake of rising prices and concerns about the wheat crop in 2016-17. The duty was waived because of uncertainty over the wheat output this year. Despite ..

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Central government waives off import duty on wheat

The Central government completely scrapped import duty on wheat just a few months after it lowered it to 10%. The decision was taken as there was no relaxation seen in the retail market. The duty has been waived off for an unlimited time frame as no end date has been mentioned. The step has been ..

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CCEA hikes MSP for major Rabi crops including wheat, gram and pulses

Government has hiked Minimum Support Price (MSP) of Rabi crops including wheat and pulses for Rabi season 2015-16. The MSP of pulses was taken to boost the production as country is facing acute shortage due to domestic demand-supply gap/ Decision in this regard was taken by the Cabinet Committee on Economic Affairs (CCEA) meeting chaired ..

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