date:Aug 13, 2018
Domestic producers say this is a breach of the rules on origin, which mandates 30 per cent of value addition under the Safta agreement. They have met officials in the Union finance ministry with a request to put edible oil and vanaspati in the negative or barred list of such imports.
Cheap imports of refined oils and vanaspati from Safta member countries are resulting in distorted domestic refined oil prices, leading to pressure on crop prices and in turn hurting farmers income. The government