Edible Oil Production

Edible oil import expected to fall 13% on sharp drop in consumption

Healthy oilseed output could improve domestic production of edible oil, reducing reliance on imports even further

Edible oil import in June touches 8-month high of 1.16 million tonne

In November-June period, import declined 15 per cent year-on-year

Centre asks states to bring law preventing loose edible oil sales

Consumer affairs ministry has received several complaints about adulteration. Industry experts believe loose edible oils often contains banned chemicals introduced by uscrupulous manufacturers

Low duties, inadequate incentives keep the target slippery for edible oils

India's oil marketing year runs from November to October and during 2018-19 vegetable oil imports were up 3.5 per cent to 15.55 million tonnes

Low number of free-float pushes Ruchi Soya Industries to record high

The edible oil maker's market capitalisation is up nearly 300 times since the beginning of November last year and 70 times since its acquisition by Pantanjali Ayurved under the IBC

India's edible oil import falls 40% in May, lowest since 2011: SEA

India, world's leading vegetable oil buyer, had imported 11.80 lakh tonnes of edible oil in May 2019.

Govt to amend Essential Commodities Act to deregulate cereals, edible oil

A stock limit will be imposed only under very exceptional circumstances like national calamities, famine with a surge in prices.

Covid-19: Edible oil refineries halve operating capacity over seed shortage

Delay in import clearance also drives curtailment

Govt planning to launch National Mission on Edible Oil in the near future

Experts have suggested activating the oilseed mission and creating an oilseed development fund while looking at possibility of allowing GM oilseeds into the country

Edible oil price pinch next? Domestic production inadequate, says Paswan

Paswan was replying to query of Congress Rajya Sabha member Kumar Ketkar who had asked the Minister whether there is a huge gap between demand and supply of edible oil

Edible oil refining capacity utilisation drops below 50% as imports rise

Small and medium-sized units at risk of complete shutdown as stagnant oilseed production adds to industry's woes

Govt plans to double edible oil production by 2022 to cut import dependence

The central government has prepared a five-year schedule to double India's edible oil production and reduce import dependence, through expansion in sowing area and yield.At a recent rabi conference, the ministry of agriculture revealed the plan, to take annual production to 13.69 million tonnes by 2022, as against the current 7.31 mt.Several such roadmaps were drawn in the past, too but the momentum did not continue. Sustained increase in consumption against stagnating production widened India's import dependence to 67 per cent for 2016-17, with an estimated demand of 24.5 mt."Despite notable performance in domestic production of the nine annual crops (compound annual growth rate of 3.89 per cent), it could not match the galloping rate of per capita demand (around six per cent) due to enhanced per capita consumption (19 kg edible oil per annum), driven by increase in population and enhanced per capita income. The production of nine annual oilseed crops (primary source) has been ...