-MoneyControl.com India’s production of oilseeds is too little to provide for the domestic demand and therefore is dependent on Imports. The average retail prices of edible oils rose to their highest in May with soyabean oil prices climbing to nearly Rs 150 for a kilo and sunflower oil to Rs 170. The prices of both edible oils have jumped around 50% from the levels prevailing when the country was under a national...
More »SEARCH RESULT
Total Matching Records found : 945
FCRA rules hit overseas COVID aid to hospitals, NGOs -Vikas Dhoot
-The Hindu FCRA approvals take a lot of time, the government needs to urgently grant an exemption for all such donations, tax and legal experts said. Indian entities, including hospitals and charitable trusts, hoping to receive COVID-19 relief material from overseas individual donors or donor agencies, could be in trouble, unless they are registered under the Foreign Contribution Regulation Act (FCRA) with a stated objective involving provision of medical care. On May 3,...
More »Centre to retain GST on oxygen concentrators -Vikas Dhoot
-The Hindu Delhi High Court pushes back, saying that the government should review its resistance at such a time The Central government should review its resistance to exempting the Goods and Services Tax (GST) levied on oxygen concentrators imported for personal use, the Delhi High Court observed on Thursday after the Finance Ministry conveyed its inability to accept the Court’s order issued on Wednesday. Late on Thursday, the Delhi High Court appointed senior...
More »FSSAI's GMO threshold for imported food crops ‘unacceptably high’, says letter to health minister
-Down to Earth FSSAI issued an order on February 8 setting the permissible limit for GMO in imported food crops at 1% The one per cent threshold for genetically modified organisms (GMO) in food crops imported into India, set by Food Safety and Standards Authority of India (FSSAI) in a recent order, is unacceptably high, the Coalition for a GM-Free India wrote in a letter to the government. It is an advocacy for...
More »How India can be ‘atmanirbhar’ for edible oil production -Girish Kumar Jha, Renjini VR and Aditya KS
-Down to Earth In 2019, India imported around 15 million tons of edible oils worth approximately Rs 7,300 crore Edible oils are indispensable in the Indian kitchen. But it might be surprising to many that India Imports most of the oil it consumes, unlike most other agricultural products which are produced locally. Even after having a diverse agro-climatic conditions, abundant land and large sections of population depending on agriculture, why does India have...
More »
