Higher Duties on Sugar and Chickpea Imports Have Immediate Effect To keep a check on prices, the government of India (GOI) has raised the duty on sugar from 50 percent to 100 percent. The increase was a demand from the sugar industry as sugar prices were below the cost of production. Both carryover stocks of about 4 MMT and last year’s imports had a bearing on the low prices. The new duty, which covers all categories of sugar (raw, refined or white), has had an immediate effect as it seems to have helped revive the sugar prices in the spot exchange. India's sugar production for 2017/18 is projected at 26.1 MMT with consumption estimated at 25 MMT.
Apart from the duty, GOI has also imposed stock limits on sugar mills. They will hav...
A microlith is a small stone tool usually made of flint or chert and typically several centimeters in length and half a centimetre wide. They were made by humans from at least the Upper Paleolithic, across Africa, Europe, Asia and Australia. The microliths were used in spear points and arrowhea...
Kiwengwa/Pongwe Forest Reserve Kiwengwa/Pongwe Forest Reserve is located on the northeast coast of Unguja, 20 kilometres (12 mi) from the Town. The reserve is an important biodiversity spot in the coral rag zone. The forest reserve is rich both in faunal and floral species. The faunal species r...
Fabiana is a genus of flowering plants in the nightshade family, native to dry slopes in western South America.[1] They are evergreen shrubs or subshrubs,[1] with needle-like leaves and profuse tiny tubular flowers in summer. The common name is false heath because the leaves superficially resem...