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The National Mission on Edible Oils (NMEO) is India's strategic initiative to bolster its edible oil self-sufficiency and reduce dependency on imports. With a focus on the expansion of oil palm plantations and enhancing oilseed productivity, the mission aims to achieve Atmanirbharta (self-reliance) in edible oil production. By
Tariff Notification
The Ministry of Finance has issued Tariff Notification No. 50/2025-Customs, amending the tariff values for various goods including edible oils, brass scrap, areca nuts, gold, and silver. The new tariff values will take effect from August 15, 2025, and include specific values for crude palm oil, RBD palm oil,
Oilseeds
The Indian government is implementing the National Mission on Edible Oils – Oilseeds (NMEO-OS) to enhance domestic oilseed production and achieve self-sufficiency in edible oil. The initiative focuses on increasing the production of primary oilseed crops and improving extraction efficiency from secondary sources. The Indian Council of Agricultural Research (ICAR) is
Tariff Notification
The Ministry of Finance has issued Tariff Notification No. 44/2025-Customs, amending the tariff values for various goods including edible oils, brass scrap, areca nuts, gold, and silver. The new tariff values will take effect from July 1, 2025, and include specific values for crude palm oil, RBD palm oil,
Edible oils
The Department of Food and Public Distribution, Government of India, has conducted nationwide inspections of edible oil refineries to ensure that recent import duty reductions on edible oils benefit consumers. Inspections covered major refineries and processing plants in states like Maharashtra, Andhra Pradesh, Madhya Pradesh, and Gujarat. Many facilities have
Customs Duty
The Indian government has reduced the Basic Customs Duty (BCD) on major imported crude edible oils, including sunflower, soybean, and palm oils, from 20% to 10%. This change aims to alleviate rising edible oil prices and inflation, encouraging domestic refining and ensuring that consumers benefit from lower retail prices. The