Reduction of edible oil import duty will harm industry and farmers says SEA

India has seriously compromised its edible oil security which has resulted in dependence on imports growing to almost 70%. The main reason for stagnant oilseed production has been lack of interest among oilseed farmers due to poor returns. We have been advocating keeping high import duties on edible oils being imported in the country, said SEA president.

from Economy-News-Economic Times https://ift.tt/2rwSkgt