Import duty on wheat hiked to 30% to curb cheaper imports
The government has hiked the import duty on wheat from 20% to 30% to curb cheaper imports and protect domestic growers. The move comes at a time when the domestic production is expected to reach a record 98.61 million tonnes in the 2017-18 crop year. Further, the import duty on walnut shell has also been increased from 30% to 100%.