Food Policy and Market Developments

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05/02/2018
In a move that significantly increased subsidized bread prices for the first time since 1996, the Government replaced its broad bread subsidy program with a targeted assistance system, setting new [...]
12/01/2018
The Government removed wheat import subsidies under the new budget of 2018 approved in January. Most of the domestically-consumed wheat is imported and since it is a key staple food [...]
18/12/2017
On 13 December, the Government issued a decree permitting the importation of Russian wheat with immediate effect. The importation would require a number of procedures to be fulfilled, ranging from [...]
04/12/2017
In late November, the Government announced revisions to the import duties for paddy, rye and barley to come into effect from 1 January 2018. The custom duty on imports of [...]
14/11/2017
On 8 November, the Government doubled the import duty on wheat to 20 percent, after reintroducing it in March this year (FPMA Food Policies). The measure aims to curb imports, [...]
06/11/2017
On 24 October, the Ministry of Agriculture of India increased the Minimum Support Prices (MSP) for 2018 winter - Rabi - crops, currently being planted and to be harvested from [...]
31/10/2017
In late October, the Government lifted a two-year ban on maize exports, which had been implemented in an effort to stem the impact of tight domestic supplies following the reduced [...]
31/10/2017
On 27 October, the Government announced a cut to the purchasing price of wheat, the first reduction since 2007. The price for the 2018 crop was reduced by 2.5 percent [...]
20/10/2017
On 12 October, the Government announced a sharp reduction in the import duty of soft wheat and its derivatives. The tax will be cut from 135 percent to 30 percent [...]
22/09/2017
The Government has extended the maize subsidy program, which started in May and was intended to be concluded at the end of September. The Ministry of Agriculture announced that the [...]