Stay Connected. Stay Informed.
A man packs sugar for sale. File. | Photo Credit: Reuters India has banned the export of sugar till September 30 this year with immediate effect, a move which would help enhance domestic availability and contain prices. Earlier the exports were under a restricted category, under which a license was required for the outbound shipments….
Maintaining high import duties on sensitive agricultural commodities like rice and resisting pressure to open up the domestic sector to low tariffs will be crucial for preserving India’s self-sufficiency and ensuring food security for its population, a report said on January 1. Economic think tank GTRI (Global Trade Research Initiative) in its report said that…