Edible Oils

Earlier, a similar zero duty quota on the import of refined soybean oil was abolished

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At least 27 per cent of the 56 samples of cooking oil and other food items collected from four companies in Maharashtra's Thane district have been found adulterated or with false claims, the Food and Drug Administration (FDA) officials said. The FDA's (Foods) Joint Commissioner, S R Kekre, said the samples tested revealed that palmolein oil was mixed in products sold as sunflower and soyabean oils, rice bran oil was mixed in a product sold as mustard oil and vegetable oil was mixed in products claimed to be milk cream and ghee. Based on complaints, the FDA had carried out raids and inspected the four units located in Dahisar Mori, Bhiwandi, Kalher and Koparkhairne areas of the district, it said in a release. Kekre asked customers to be cautious while purchasing these items. The FDA was in the process of verifying as to whom the wholesalers and manufacturers had sold these adulterated products, he said. Kekre also appealed to the citizens to contact the FDA if they find any ...

The government said the present rate of edible oil consumption in India surpasses the domestic production rate and at present, India meets nearly 55-60% of its edible oil demand through imports

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Concessional import duties on specified edible oils are in place till March 2023, the food ministry said on Sunday. This decision was taken on August 31, 2022 by the Central Board of Indirect Taxes and Customs (CBIC) in order to boost domestic supply and keeping retail prices under control. The food ministry in its latest statement said that the CBIC's decision of extending existing concessional import duties on specified edible oils is in place till March 2023. "The concessional customs duty on edible oil import has been extended by another 6 months, which means that the new deadline will now be March 2023," the statement said. The ministry also said that domestic edible oil prices have been on a declining trend driven by a fall in global prices. With falling global rates and lower import duties, retail prices of edible oils have fallen considerably in India. According to the statement, the current duty structure on crude palm oil, RBD Palmolein, RBD palm oil, crude soybean oil,

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RBD palmolein now constitute 12% of total imports of edible oils against 2% last year

SEA executive director BV Mehta said that several oil companies in India have been resorting to the unfair practice of packing the oil at a higher temperature to reduce the weight

The second of a four-part series focuses on how food companies are yet to pass on the benefit of the decline in input prices to consumers

According to official sources, Food Secretary has written to the SEA, Indian Vegetable Oil Producers Association (IVPA) and Soybean Processors Association of India (SOPA) in this regard

Mother Dairy, which is one of the leading milk suppliers in Delhi-NCR, sells edible oils under the Dhara brand

Decision arrived at today during a meeting between industry players & officials

Plans to enter ten states from four currently, expand capacity 10-fold to 1,000 tonnes a day and make additions to product portfolio

India, the world's top importer of vegetable oils, is looking to cut the agriculture infrastructure and development cess on crude palm oil imports

India's chances of becoming a stable supplier of wheat are limited in the absence of a long-term policy on foodgrain exports

In view of the ongoing Ukraine-Russia war resulting in supply restrictions, the Centre has extended the stock limits imposed on edible oils and oilseeds until December 31

Last year, the all-lndia average domestic retail prices of groundnut oil stood at Rs 176.28 per kg as against Rs 147 per kg in 2020