Import Duty

SOPA Urges Hike in Edible Oil Import Duty to Support Farmers Amid Falling Soybean Cultivation

SOPA Urges Hike in Edible Oil Import Duty to Support Farmers Amid Falling Soybean Cultivation

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SOPA Urges Hike in Edible Oil Import Duty to Support Farmers Amid Falling Soybean Cultivation The Soybean Processors’ Association of India (SOPA) has urged the government to increase import duties on edible oils by at least 10%, citing the need to safeguard domestic farmers from persistently low prices that have discouraged soybean cultivation. This year,

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Telangana Urges Centre for ₹25,000 MSP on Oil Palm and Higher Import Duty

Telangana Urges Centre for ₹25,000 MSP on Oil Palm and Higher Import Duty.

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Telangana Agriculture Minister Thummala Nageswara Rao has made a request. He asked the Central Government to set a minimum support price (MSP) for oil palm. The proposed MSP is ₹25,000 per tonne. He also wants to increase the import duty on this crop to 44%. The minister made the request during a meeting with Union

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