India mulling wheat imports from Russia – media ...News

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India mulling wheat imports from Russia – media
New Delhi is aiming to drive down domestic food prices, the New Indian Express reports The Indian government is considering allowing the delivery of over a million metric tons of wheat from Russia and could cut import duties by almost half, the New Indian Express reported on Tuesday. The reduction of the import tariff, which currently stands at 40%, will be contingent on the final sowing acreage of wheat by the end of December, according to an unnamed source cited by the newspaper. “[The] Russian wheat outlook is better and cheaper compared to other countries. India may allow importing around 1 million tons of whe

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