India’s Federation of Indian Mineral Industries (FIMI), the apex representative body of miners, wants a 2.5% import duty on copper concentrates scrapped, questioning its economic rationale in view of nonavailability of copper in the domestic market.
In a memorandum submitted to the Finance Ministry, FIMI has urged the government to scrap the import duty in the forthcoming national Budget for 2020/21 to be placed before the Parliament next month.