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Govt Permits Potato Imports from Bhutan Without Licence to Boost Supply & Control Prices

Imports of potatoes, in any other case, fall within the restricted class, which signifies that an importer requires a licence from the DGFT for the inbound shipments.

The imports are allowed with out licence solely as much as January 31, 2021, the Directorate General of Foreign Trade (DGFT) mentioned in a notification.

  • PTI New Delhi
  • Last Updated: October 30, 2020, 22:40 IST
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The authorities on Friday permitted imports of potatoes from Bhutan with out licence, a transfer geared toward boosting home provide and management costs of the agricultural commodity. The imports are allowed with out licence solely as much as January 31, 2021, the Directorate General of Foreign Trade (DGFT) mentioned in a notification.

Imports of potatoes, in any other case, fall within the restricted class, which signifies that an importer requires a licence from the DGFT for the inbound shipments. But, the federal government on Friday partially relaxed the import norms. “Import of potatoes…is allowed for import from Bhutan without licence up to January 31, 2021,” it mentioned.

In a public discover, the Directorate has laid out the process for import of potatoes beneath the TRQ (tariff charge quota) scheme. According to the process, just one software towards one IEC (import export code) might be thought-about and profitable candidates should make sure that the import consignment reaches the Indian ports on or earlier than January 31 subsequent yr.

Consumer Affairs Minister Piyush Goyal, who additionally holds the commerce portfolio, mentioned 30,000 tonnes of potato is being imported from Bhutan with the intention to enhance the native provide and management costs of the important thing commodity. “We are going to import about 10 lakh tonnes of potato and bring prices under control,” he added.

Potato costs within the nationwide capital are hovering at round Rs 40-50 per kg.

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