Price Surges Knock Down India's Import Barriers
Rising Inflation has done what repeated calls to lower import tariffs did not achieve
As the world battles to control the surge in food prices, India too is waging a war against inflation. In the case of edible oils in India, rising inflation has done what repeated requests and representations failed – to lower the import barriers. The country’s inflation rate of 6.68 per cent for the week ended March 15 has sent Shockwaves. See full text from www.mpob.gov.my
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