This subsidy is not available for imports done at other ports and so there is a clamour to get the ships only at these ports, four industry sources with direct knowledge of the matter said
At the same time, 67% of respondents pruned spending in other areas to pay for higher edible oil prices
India imports more than 90% of its sunflower oil from Russia and Ukraine, though sunflower oil accounts for about 14% of its total edible oil imports.
A meeting chaired by Food and Consumer Affairs Minister Piyush Goyal on Friday, reviewed the supply situation of cooking oils, including sunflower oil
Ukraine and Russia are not only major suppliers of wheat, corn and barley, but they also ship more than 75% of global exports of sunflower oil, one of the world's four leading edible oils.
Consumption is expected to climb in India by as much as 17% over the next four years
India has cut base import taxes on palm oil, soyoil and sunflower oil, a government order showed, as the world's biggest vegetable oil buyer tries to cool near-record price rises
Food regulator FSSAI has asked states to effectively enforce the decision to ban blending of mustard oil with any other cooking oil from June 8.
Food safety regulator FSSAI on Friday said it has collected 4,500 samples of edible oils from across the country for quality testing, a move aimed at curbing sale of adulterated cooking oils in the market. The result of this nationwide quality survey is expected within a month, the Food Safety and Standards Authority of India (FSSAI) said in a statement. The regulator said it has decided to intensify crackdown on the sale of adulterated edible oil with a pan-India surveillance of edible oil, both for the branded and unbranded oil samples. A quality survey was conducted during August 25-27 across all the states and Union Territories. "This nationwide survey, (was) carried out for the first time with over 4,500 samples covering a total of 16 varieties of edible oils, including mustard, coconut, palm, olive, and blended oil," the statement said. Various hilly as well as difficult terrains, including Ladakh, Arunachal Pradesh, Daman & Diu as well as Andaman (UT) have been included as
Adani Wilmar, Vimal, Dhara are coming up with healthier alternatives for cooking oils as they seek a smooth ride up the value chain
Govt considering proposal to allow conversion of used cooking oil into biodiesel