The Commerce and Industry Minister, Piyush Goyal, has said that India will provide quota-based duty concessions on dried distillers’ grains (DDGS) to the US under the trade deal. The animal husbandry and poultry industry want the product due to its high nutritional value.
“I’ve given them a quota in DDGS. It’s an animal feed, very high in nutrition. Animal husbandry, in fact, wants it. Poultry people are craving for it. It makes the chicken much, much healthier. Very high protein,” he told news agency PTI Videos in an interview.
To balance the interests, India has agreed to a quota-based duty concession, he said. “Quota on DDGS is good for the economy,” he added.
These remarks hold significance as several experts have raised concerns over duty cuts in DDGS.
“Every one of them is very balanced, very well thought of and will support the India growth story and finally support Indian farmers who also want to export their products, particularly processed products to the rest of the world,” Goyal said.
