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Июль
2024

Proposal to increase customs duty to 20% on agrochemicals will hurt interests of farmers: Report

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CropLife India, representing 17 research-driven crop science companies, opposes a proposal to increase customs duty on agrochemical formulations to 20%. They argue that such a move, based on misinformation about high formulation imports, would adversely affect farmers by raising farming costs and limiting access to newer, safer products.