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India has allowed duty-free imports of 2 million tonnes each of crude soyoil and crude sunflower oil for the current and the next fiscal year to March 2024, a government order said on Tuesday, as part of efforts to keep a lid on local prices.
India has allowed duty-free imports of 2 million tonnes each of crude soyoil and crude sunflower oil to bring down local cooking oil prices
![After wheat, Centre curbs sugar exports; why it's a good thing for India [details] - Vimarsana News](https://data1.ibtimes.co.in/en/full/606051/india-sugar-imports-sugarcane.jpg)
The Centre has placed a cap on the export of sugar under the "restricted" category which will be effective from June 1.
The Centre has allowed import of a quantity of 20 lakh tonne, each of crude soyabean oil and crude sunflower oil per year, for a period of two years at zero customs duty and Agricultural Infrastructure and Development Cess, an official note said on Tuesday.
The Centre has placed a cap on the export of sugar under the "restricted" category which will be effective from June 1.The latest move comes days after banning the export of wheat in order to control rising inflation and to ensure ...