Indian vegetable oil body demands review of Nepal imports, packaging rules
The Indian Vegetable Oil Producers Association (IVPA) urged the government to review duty-free refined oil imports from Nepal, citing harm to domestic processors and falling oilseed prices. At its 50th anniversary meet, IVPA also called for reinstating standard packaging norms and routing zero-duty imports through government channels to protect local industry.
The Indian Vegetable Oil Producers Association (IVPA) on Friday called on the government to review duty-free imports of refined oils from Nepal and reinstate standardised packaging for edible oils, saying current policies hurt domestic processors.
The demands came at the end of a two-day global roundtable marking IVPA’s 50th anniversary, where the industry body highlighted concerns over Nepal’s exports flooding northern and northeastern Indian markets.
“This not only undercuts domestic processors and refiners but also suppresses farmgate prices for oilseeds and contributes to underutilisation of processing capacities,” IVPA said in a statement.
The association proposed channelling zero-duty imports through government
To Read more about Edible Oil News continue reading Agriinsite.com
Source : Business Standard
