Edible oil import bill up 75% in first nine months of FY22, say processors

He said edible oils should be imported at a high tariff to balance demand and supply. Also, the duty collected should be spent on developing the domestic oilseed sector rather than cross-subsidising other crops. Read More | Source: The Financial Express…

View More Edible oil import bill up 75% in first nine months of FY22, say processors

India’s edible oils import bill jumps 75 pc to Rs 1,04,354 cr in Apr-Dec 2021: SOPA

According to Soybean Processors Association of India (SOPA) Chairman Davish Jain, during the first nine months (April-December 2020) of the last fiscal, India had imported edible oil worth Rs 59,543 crore. Read More | Source: The Financial Express…

View More India’s edible oils import bill jumps 75 pc to Rs 1,04,354 cr in Apr-Dec 2021: SOPA

Govt says retail edible oil prices show declining trend from Oct 2021 after intervention

Retail prices of edible oils have declined quite significantly in the range of Rs 5-20 per kg in the major retail markets across the country. Read More | Source: The Financial Express…

View More Govt says retail edible oil prices show declining trend from Oct 2021 after intervention