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Govt hikes import duty on sugar to 50% to support domestic prices
3 views | Jul 10, 2017, 11:03:14 PM
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The government increased import duty on sugar to 50% to curb dumping of the commodity in India as international prices fell. The industry expects the move to prevent a build-up of arrears in payments to sugar cane farmers in the next season starting October 2017.
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