India not to lower wheat import tax for now - food ministry source

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NEW DELHI (Reuters) - India will not lower the wheat import tax for now and the commodity will not be imported through government channels, a food ministry source told Reuters on Thursday.
Private traders are however expected to import about 3 million tonnes of wheat in the current fiscal year that ends in March. They have so far imported 1.2 million tonnes, the source said.
(Reporting by Mayank Bharadwaj; Editing by Krishna N. Das)
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First Published: Nov 03 2016 | 2:55 PM IST