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No proposal to import wheat by Centre

No proposal to import wheat by Centre

 

NEW DELHI: There is no proposal to import wheat on government account, said C.R. Chaudhary, the minister of state for Consumer Affairs, Food & Public Distribution, in a reply to a question in Rajya Sabha.

“Stock of wheat in the central pool as on 1st January, 2017 was 13.747 million tonnes against stocking norms of 12.8 million tonnes for the quarter January to March which is adequate to meet the requirement under public distribution system,”said a press statement.

The foodgrains stock in central pool as on 1st December, 2016 was 27.55 million tonnes of which wheat was 16.5 million tonnes and rice 11.05 million tonnes, it said.

Wheat procurement in rabi marketing season 2016-17 was 22.961 million tonnes against procurement of 28.088 million tonnes in 2015-16 & 28.023 million tonnes in 2014-15.
Keeping in view the public interest, the government reduced the import duty from 25% to 10% vide notification dated 23rd September, 2016 and then further from 10% to zero percent vide notification dated 8th December, 2016, It said.

 

 

 

 

 

 

 

Source: ECONOMIC TIMES

 

 

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