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Import duty unlikely to affect wheat procurement in Punjab, Haryana

Import duty unlikely to affect wheat procurement in Punjab, Haryana

Friday, March 31, 2017, 8:28 PM

Private flour millers in Punjab and Haryana feel the 10% import-duty will have little impact on wheat procurement for public distribution system while private buying of the cereal will remain limited due to lack of trading-infrastructure and higher levy in the two-states. The procurement for public distribution system is expected to better than the last-year in the two-states due to favorable weather this year.
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