-PTI * Mahathir said Malaysia may now need to find another solution after the boycott of its palm oil by Indian palm oil refiners and traders * India, the world's largest importer of vegetable oils, buys nearly 15 million tonnes annually KUALA LUMPUR: With India restricting the import of Refined Palm Oil that has hit Malaysia, Prime Minister Mahathir Mohamad on Tuesday said he was concerned about it but that would not stop...
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Centre hikes import duty on crude, refined soft edible oils
-The Hindu Business Line Palm oil imports slow down in May Bengaluru/ Ahmedabad: The Centre has increased the import duty on crude and refined soft edible oils such as soy oil, sunflower oil and rapeseed on Thursday. Duty on crude soft edible oils has been hiked to 35 per cent and on and soft oils to 45 per cent. Earlier, crude soy oil attracted an import duty of 30 per cent, and sunflower...
More »Price collapse: The MSP mirage -Parthasarathi Biswas
-The Indian Express Modi government’s decision to hike import duty on edible oils has come too little, too late for soyabean farmers Latur: Arun Kulkarni planted soyabean on 10 out of his 14-acre holding in the recent kharif season and harvested 65 quintals of the crop towards September-end. But unlike most of his neighbours, this farmer from Tandulja village in Latur — Maharashtra’s largest soyabean-growing district and the country’s No. 2...
More »Will a pro-farmer trade policy help BJP electorally? -Sayantan Bera
-Livemint.com BJP-led central government has raised import duties on a range of edible oils, ahead of the crucial Gujarat assembly elections New Delhi: Ahead of the crucial Gujarat assembly elections, the centre last week raised import duties on a range of edible oils, in a bid to support growers who are bearing losses due to plunging domestic prices. On 17 November, India, the largest importer of edible oils globally, raised import duties on...
More »Centre raises import duty on crude, refined edible oils -Sanjeeb Mukherjee
-Business Standard Increases duty on crude edible oils to 7.5% and on refined edible oils to 15% To protect the interests of farmers and provide a level-playing field to domestic oilseed processors, the government has raised the import duty on crude edible oil from 2.5 per cent to 7.5 per cent and that on refined edible oils from 10 per cent to 15 per cent. "Yes, the government had raised the import duties...
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