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    Home > Active Ingredient News > Feed Industry News > India's corn export subsidy proposal stalled

    India's corn export subsidy proposal stalled

    • Last Update: 2001-07-09
    • Source: Internet
    • Author: User
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    Introduction: the rise in domestic corn prices prompted the Indian government to suspend its proposal to supply FCI's corn stocks for export at a subsidized price of 3510 rupees (US $75) per ton Instead, the Indian government now proposes to sell these corn stocks on the domestic market at rs 4050 (US $87) per ton Although the government of India has recently issued a notice allowing the import of 400000 tons of corn according to TRQ, due to the quota tariff of 15% and the decision of the government of India to sell corn stocks at rs 4050 / ton, these two factors make the import of corn unlikely (author:) share to feed Weibo share to:
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