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New Delhi has given environmental clearance to a genetically modified mustard crop, which promises to boost yields by as much as 28%
Even the opinion of farmers' groups seems divided after AIKS comes out in support
Wheat is usually sown in around 31 million hectares, mostly in the northern belt
Suspension of their futures does not bring down price volatility either, finds study conducted on behalf of NCDEX Investor Protection Fund
As per govt data, average retail prices of packaged edible oils have ease slightly, except for groundnut oil, across country since beginning of this month and are ruling between Rs 150 and 190 per kg.
However, achieving self-sufficiency in edible oil will remain a distant dream unless drastic policy measures are taken
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.
"To produce 5 lakh tonnes of mustard oil, we will require 12-15 lakh tonnes of extra mustard seeds," Mallick said
The Khadi and Village Industries Commission (KVIC) said it has received the first order from Indo-Tibetan Border Police for supplying 1,200 quintals of kacchi ghani mustard oil worth Rs 1.73 crore
Apart from a spurt in mustard oil prices, consumers are also being sold contaminated products by traders out to make a quick buck
Mustard oil consists of 2 essential fatty acids - in ideal ratio, a huge benefit for the heart