SEA asks stakeholders in vegoil sector to jointly address challenges

[ad_1] The Solvent Extractors’ Association of India (SEA) has asked all associations representing various facets of the vegetable oil industry to come together to collectively address the challenges facing the sector. Also read:Indian vegetable oil import expected to decline to...

Aadhaar proof made mandatory for oil palm farmers to claim Central subsidy

[ad_1] New DelhiThe Ministry of Agriculture and Farmers Welfare has made Aadhaar mandatory for oil palm farmers to claim government subsidy, which will be directly transferred into their bank accounts. However, while advising state governments to facilitate Aadhaar cards made...

Govt focussing on palm oil to achieve self sufficiency in edible oil, says Prime Minister Modi

[ad_1] Prime Minister Narendra Modi has reiterated the Government’s commitment to move towards self-sufficiency in edible oils production and harped on the importance of oil palm cultivation in the north-east region. This comes amidst India importing 57 per cent of...

India’s edible oil imports drop over 21% amid 27% palm oil decline; prices may rise

[ad_1] A 27 per cent decline in the import of palm oil led to over 21 per cent drop in edible oil during the first four months of the 2023-24 oil year (October-November).Data from the Solvent Extractors’ Association of India...

Telangana wants basic Customs duty on crude palm oil reimposed

[ad_1] The Telangana Government has asked the Union Government to reimpose the basic customs duty on crude palm oil to stabilise domestic prices and make them remunerative for oil palm farmers in the country and ensure a price of ₹18,000 to...