As govt plans to buy soyabean at MSP, industry demands increase in import duties of cooking oils

The central government will procure soyabean at Minimum Support Price in Maharashtra, Karnataka, and Telangana to support farmers. Meanwhile, the edible oil industry is urging a 15% increase in import duties on cooking oils to counteract cheap imports and stabilize domestic prices.

from News-Economic Times https://ift.tt/antfisb