Domestic vanaspati manufacturers have offered to buy the duty free quota of imported Nepalese vanaspati from Central Warehousing Corporation (CWC) and sell them in retail market within the country.
The move was aimed at ensuring that illegal sales of cheap import from Nepal did not swamp the domestic industry.
According to the plan, CWC as the sole canalising agency for import would buy the product from Nepalese manufacturers at bulk and then sell it in the retail market.
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According to the Indo-Nepal trade treaty, India would allow one lakh tonne of duty free import vanaspati per annum.
Even though it was to be evenly distributed over the year and all regions within the country, actual imports had been clubbed together in a short time span and sold in eastern India only in the past.