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India Increases Chickpea Duty

 
India has raised its import tariff on chickpeas, again.
 
Starting immediately, the tariff will go from 40 to 60 per cent.
 
India originally placed a 30 per cent import duty on lentils and chickpeas back on December 21st, then raised it to 40 per cent for chickpeas on February 7th.
 
The move was made to support Indian farmers who faced lower commodity prices.
 
India has also placed a 50 per cent import duty on pea imports.
 
Source : Steinbachonline