Commodities Live: Indias Edible Oil Import Bill Rises 34%

The import bill of edible oil increased by 34%. Last year there was an import bill of about 1.17 lakh crores. In 2021-22, 140 lakh tonnes of edible oil was imported. Last year 131 lakh tonnes were imported. About 41 lakh tonnes of sunflower-soybean were imported. About 79 lakh tonnes of palm oil was imported in November-October.