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Modi govt to reduce dependence on edible oil imports Top Searches Modi govt to reduce dependence on edible oil imports IANS / Updated: Feb 21, 2021, 19:37 IST FacebookTwitterLinkedinEMail Prime Minister Narendra Modi NEW DELHI: The Modi government is now planning to work on mission mode to reduce the dependence of the country on edible oil imports, under which it would be increasing production of edible oil from various sources along with spreading public awareness for economical consumption of oil. According to experts, the objective of this new mission of the Modi government is not only to bring self-reliance ( Aatmanirbharta ) in edible oils but also to transfer money to farmers on the expenses incurred on the oil imports. ....
Duty cut pushes CPO import up by 18% in Dec January 15, 2021 Although import duty on CPO was reduced by 10%, the import duty on other soft oils remained unchanged Although import duty on CPO was reduced by 10%, the import duty on other soft oils remained unchanged× India imported 7,48,006 tonnes of crude palm oil in December, 2020 Our Bureau A 10 per cent duty reduction on the import of crude palm oil (CPO) on November 27 has helped boost CPO import during December, according to the Solvent Extractors’ Association of India (SEA). India imported 7,48,006 tonnes of CPO during December 2020 as against 6,31,824 tonnes in the corresponding period of 2019, recording a growth of 18.38 per cent. ....