Nine years after ban, govt allows export of edible oil in bulk

Producers realisations to improve, area under oilseeds likely to rise

The Government of India has allowed bulk export of select edible oils.
 
In a notification issued on Monday, the office of the Director General of Foreign Trade, said, “Exports of groundnut oil, sesame oil, soybean oil and maize (corn) oil in bulk, irrespective of any pack size, has been exempted from the prohibition on export of edible oil.”
 
This means a nine-year ban on their export has been lifted.
 
Until now, export of select edible oils were allowed only in consumer packs of up to five kg each.
 
This should mean better realisation for producers, improving