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Budget 2024: FM's call for Atmanirbhar in oilseeds comes amid surge in edible oil imports | Pune News

The Solvent and Extractors Association of India (SEA) the umbrella body of oil extractors and solvent manufacturers in a press statement had attributed this to the current 5.5 per cent import duty on crude palm oil.
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Interim Budget 2024: FM Nirmala Sitharaman calls for self-sufficiency in oilseed production as imports surge

During the Oil Year (November 2022- October 2023), India imported 167.1 lakh tonne of edible oil – which was 16 per cent higher than the preceding year ....

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Not just green, white & blue too: Budget proposal on increasing output of oilseeds, milk & aquaculture products to help India reduce dependence on imports

The Union Cabinet has approved continuation of the Animal Husbandry Infrastructure Development Fund (AHIDF) under Infrastructure Development Fund (IDF) with an outlay of ₹29,610.25 crore till 2025-26. India s aquaculture exports in 2023-24 were flat, after having grown in double digits during the last decade. Industry players say that focus on increasing productivity at the farm level will help improve its global competitiveness by reducing cost of production. ....

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Inside India's new oil palm playbook

A national mission is fuelling new investments in oil palm farming and processing. Will it make India self-reliant? ....

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Bumper production but slim chances of price appreciation put soyabean farmers in a spot

For the ruling BJP, weak price outlook for soyabean can prove to be a problem as the party hopes to be re-elected in Madhya Pradesh- the largest soyabean growing state in the country. ....

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