Page 5 - தேசிய பணி ஆன் உண்ணக்கூடியது எண்ணெய்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Union Cabinet Clears National Mission On Palm Oil To Cut Dependence On Imports
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National Mission on Edible Oils - Oil Palm will be game-changer in helping farmers: PM Modi
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Oil palm mission relaunched with focus on NE states, A&N Islands
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Cabinet okays ₹11,040 cr to cut palm oil imports
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The edible oil industry on Monday welcomed the announcement of agricultural development cess and the increase in import duty of crude palm oil in the Union Budget 2021-22, saying that the measures are expected to protect the interests of mustard farmers. The announcement of agricultural development cess is a welcome move and hopefully the revenue from cess on edible oils would be utilised for augmenting domestic production of oilseeds, Solvent Extractor s Association of India (SEA) President Atul Chaturvedi said in a statement. As per our understanding the effective import duty on CPO (crude palm oil) has gone up to 35.75 per cent, while at the same time import duty on soya and sunflower oil has remained unchanged at 38.5 per cent.