Agri Ministry to make ‘zero edible oil import’ plan

The Ministry of Commerce & Industry has told the Agriculture Ministry to create a road map for India to attain self-sufficiency in edible oil production. India, one of the biggest buyers of the cooking medium, spends over INR 70,000 crore to import about 15 MT edible oil to meet its annual requirement of 25 MT. “The aim is to help farmers and local industry, apart from reducing the current account deficit,” stated a senior official.

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