India raised import duty on wheat to 40%
01, May 2019
Prelims level : Objectives of National food policy. | Wheat fields in india. | Types of soils and its suitable crops
Mains level :
- India has raised its import duty on wheat to 40% from 30% to support local farmers.
- India is the world’s No. 2 producer of the grain.
- Local wheat prices have fallen over 11% in 2019 due to ample supply from last year’s crop and forecasts of record output.