Oilseed consumption in India Current Affairs, GK & News

Govt reduced Tariff on Edible Oil Import

Union government has reduced tariff value for import of edible oil including palm oil by USD 112 per tonne.  This move will lead to reduction in domestic prices. Key Points Central Board of Indirect Taxes and Customs (CBIC) reduced the tariff import value of crude palm oil by USD 86 per tonne. Import price on RBD ..

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National Mission for Edible Oil (NMEO)

The Ministry of Agriculture has proposed for the National Mission for Edible Oil in order to increase the domestic availability and reduce the import dependency. The mission has been proposed for next five years in the span of 2020-21 to 2024-25. About National Mission for Edible Oil (NMEO) The NMEO comprises of the three Sub-Missions ..

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