DT
PT
Subscribe To Print Edition About The Tribune Code Of Ethics Download App Careers Advertise with us Classifieds
search-icon-img
search-icon-img
Advertisement

India to import apples from US at Rs 80 per kg, farmers fully protected: Piyush Goyal

He also said that several Indian goods, including agricultural products, will attract zero reciprocal tariffs in the US under the interim trade pact

  • fb
  • twitter
  • whatsapp
  • whatsapp
featured-img featured-img
Union Commerce and Industry Minister Piyush Goyal during a press conference on the recently announced India-US trade deal at Vanijya Bhawan in New Delhi on Saturday. Photo: PTI
Advertisement

India has granted a quota-based duty concession to the US on apples under the interim trade pact, while fully protecting domestic apple growers, Commerce and Industry Minister Piyush Goyal said on Saturday.

Advertisement

India has imposed a minimum import price (MIP) of Rs 80 per kg and an import duty of 25 per cent on apples from the US under the proposed India-US trade pact, which is expected to be signed by mid-March.

Advertisement

This effectively means apples priced below Rs 100 per kg cannot be imported into the country from the US.

Advertisement

At present, imported apples attract a 50 per cent import duty with an MIP of Rs 50 per kg, effectively barring imports of apples priced below Rs 75 per kg.

Related news: Himachal apple farmers oppose Centre’s decision to import apples at Rs 80 per kg from US

Advertisement

“Our apple farmers are fully protected, and there is no need to worry,” Goyal told reporters here.

India imports about six lakh tonnes of apples every year, including from the US. The country meets its requirements from imported apples.

He also said that several Indian goods, including agricultural products, will attract zero reciprocal tariffs in the US under the interim trade pact.

Certain Indian fruits, vegetables, tea, and coffee will also have zero reciprocal tariff in the US, he said, adding India has not given any duty concessions on any dairy product, sugar, or millets to America.

Goyal added that the agreement will not hurt the interests of farmers, MSMEs, handicrafts, and handlooms “in any way”.

He further said India has granted duty concessions to the US in sectors like alcoholic beverages, cosmetics, and medical devices.

India will also get zero reciprocal tariff in certain auto, aircraft parts in the US under the trade pact.

Also read: Indian markets to remain closed to genetically modified crops, staple foods: Union Commerce Minister

Read what others can’t with The Tribune Premium

Advertisement
Advertisement
Advertisement
tlbr_img1 Classifieds tlbr_img2 Videos tlbr_img3 Premium tlbr_img4 E-Paper tlbr_img5 Shorts