State trade body urges government of India to restrict import of pulses, edible oil

Soon after the central government declared a hike in minimum support prices (MSPs) for most agricultural commodities, Saurashtra Oil Mill Association (SOMA) has urged the government to control imports of pulses and edible oilto keep domestic production competitive and ensure that farmers get the benefit of higher MSPs. Pulses in general are sold below MSP […]

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After India hikes import duty on crude and refined palm oil, industry wants higher tariff on soybean oil

Hailing the increase in import duty on crude and refined palm oils, India’s edible oil industry body Solvent Extractors Association (SEA) has now sought hike in custom duties on soybean and sunflower oils as well to protect the interest of the farmers. Early this week, the government increased import duty on crude palm oil (CPO) […]

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