Reduction in import duty for edible oil should be postponed: Industry

“We have indicated to the government that with international values coming down recently, it may not be a bad idea to revisit duty reduction measures only after kharif oil seed planting is over to ensure no negative signals go to our oilseed farmers,” said BV Mehta, executive director of the Soybean Extractors Association of India (SEA).

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