India has lifted the ban on export of wheat to Nepal. It had imposed a ban five months back. On Thursday, India had issued a permission to import 50,000 tons of wheat.
The government of India has reduced the customs duty on the import of raw materials of soybean and sunflower oil to zero due to the high price of edible oil.
The commodities put under the ban list include wheat, paddy (non-basmati), chana, mustard seeds and their derivatives, soya bean, crude palm oil and moong.
According to sources, due to the market price of maize reaching Rs. 2,150/q. there is a lot of restlessness in the poultry industry and starch manufacturers.
ABC Udyog Pvt Ltd has seen a jump in its income within a short period of its operation.
The company reported a turnover of Rs 1.44 crore (unadjusted) during the four months of 2022.
