US extends anti dumping duties on Indian preserved mushrooms
Q. On which of the following the United States has extended the anti-dumping duty for another five years?- Published on 02 Aug 15
a. Indian Alphonso
b. Indian Potato
c. Indian preserved Mushroom
d. Indian Tea
ANSWER: Indian preserved Mushroom
'Preserved mushrooms' refer to mushrooms that have been prepared or preserved by cleaning, blanching, and sometimes slicing and cutting. Mushrooms are very nutritious, rich in proteins, fibre and have folic acid content that is uncommon in vegetables and amino acids which are usually absent in cereals. An official in Delhi has confirmed that the US International Trade Commission has extended the restrictive duty on the Indian commodity for five years.
The move is likely to impact domestic exporters as the US is a major export destination for India. In 2014-15, India exported mushrooms worth 16.08 million dollars and during April-May this fiscal the exports aggregated at 1.63 million dollars.