Wheat and rice remain on top of the global food export chain and are high in demand, especially because of the the recent effects of the Russia-Ukraine war. As Russia and Ukraine are unable to maintain the supply chains that are responsible for the import fulfillment of wheat in almost all of Europe, the question remains - Who do we turn to for wheat supply in all this chaos? This blog attempts to answer this question.
Tag: wheat import
The Indian Government on Tuesday March 28th, 2017 announced an introduction of 10% import duty on wheat and pulses. It had earlier abolished these duties four months back. In these four months, import of these commodities increased substantially causing dollar outflows.