1. India aims for affordable and sustainable cooking oil imports amid rising prices

India aims for affordable and sustainable cooking oil imports amid rising prices

India

  • India balances affordable cooking oil for consumers with sustainable palm oil sourcing ahead of festivals.
  • Rising global prices push local vegetable oil costs up twenty percent over one year.
  • The government drops crude sunflower oil tax to zero and crude palm oil tax to five.
  • Trade experts categorise imported cooking oil as a strategic commodity vital for food security.

Source: firstpost.com

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