Massive influx of soyabean oil from Nepal into India flouting Rules of Origin hurting domestic industry and farmers, alleges SEA

"What started as a trickle in the beginning has assumed alarming proportions and is now threatening the very survival of the vegetable oil refining industry in eastern and northern India but also resulting in huge revenue loss to the government of India. It destroys our markets and the very purpose of keeping high import duties on edible oils is getting negated," the SEA letter said.

from Economy-News-Economic Times https://ift.tt/3i02tdw