...
...
Next Story

India to allow duty free raw sugar imports: govt

India is likely to allow duty free imports of raw sugar for domestic sales within two weeks.

Updated on: Jan 13, 2009, 12:35:38 IST
Reuters | By , New Delhi
Prefer HTon Google
Advertisement

India is likely to allow duty free imports of raw sugar for domestic sales within two weeks, the farm minister, Sharad Pawar, said on Tuesday.

HT Image
HT Image

"The government will allow duty free raw sugar imports in the next 10 to 15 days. Production figures are not very encouraging," Pawar told reporters.

Currently, duty free imports are allowed only if the imported raw sugar is refined and shipped out again. The proposed changes would allow a company to sell sugar locally.

 
Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
SHARE THIS ARTICLE ON
Notifications

Get breaking alerts directly from the newsroom

Notifications are on!You'll be notified when news breaks