Import duty on sugar raised to 40%

In a move to bail out the ailing sugar industry, Food Minister Ram Vilas Paswan allowed an import duty hike from 15 percent to 40 percent. While taking the decision at a second high-level meeting on Monday, the minister also extended sugar export incentives till September 2014. For more news subscribe to Aajtak: http://www.youtube.com/channel/UCt4t-jeY85JegMlZ-E5UWtA