Government keeps close vigil on edible oil prices; may reduce import duty on rice bran oil
After Indonesias ban on Palm Oil exports, India has started negotiations with other countries to maintain the supply of edible oil in the country and discussions are ongoing to import other oils, Zee Business Ambarish Pandey report.
Edible Oil Prices: After Indonesia's ban on Palm Oil exports, India has started negotiations with other countries to maintain the supply of edible oil in the country and discussions are ongoing to import other oils, Zee Business Ambarish Pandey report.
Therefore, the country has sufficient stock to cover the lean period due to the ban on export by Indonesia, the ministry said in its official statement.
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