Stating that drip irrigation needs to be made compulsory for plantations, he said marginal and sub-marginal lands are needed for growing oil palms.
PM expresses concern over high import bill of edible oils, fertilisers; calls for action in mission mode
With international energy prices soaring after the war in Ukraine, India will spend a record Rs 2.5 lakh crore to subsidise fertilizer for farmers.
The trainees have already established 30 units in various districts, which is expected to reach 60 units soon.
The food ministry had called a meeting on July 6 to discuss edible oil prices and directed edible oil firms to pass on the benefits of the fall in global cooking oil prices to consumers.
It also asked the companies that have not cut their prices to reduce their prices. Meanwhile, Mother Dairy has reportedly cut prices of soyabean oil and rice bran oil by up to Rs 14.
The Department of Food and Public Distribution said the international prices of imported edible oils are on a downward trend and they needed to ensure that prices in the domestic market also drop.
The reduction in oil prices comes in the wake of Central Government reducing the import duty on edible oils making them cheaper.
Justice GR Swaminathan had reserved the orders on Friday after listening to the arguments of the petitioners and the government.
The unseasonal rain in the December-January period had hampered quality and quantity in South Bengal, said De, a former president of the association.
Owing to the shortage of rice bran, the oil production has slowed down, and it will soon result in a price hike of rice bran oil, said a representative of a private oil manufacturing company.
Further, it noted that prices of all edible oils have witnessed a significant surge since the Covid outbreak that triggered supply chain disruptions globally.
An expert said that the real impact would be felt only on Monday when the markets open, but initial reports indicate the sellers might increase the retail prices by Rs 3,000-5,000 per tonne.
Bihar native died in an accident at edible oil manufacturing unit
Legal Metrology and Food Safety and Standards Authority of India (FSSAI) also participated in the operation.
During the inspections, the officials found various violations and filed two cases under section 6A of the Edible and Commodities Act, 1955, among others.
Bagchi said 1,660 MTs of edible oil worth Rs 29 crore was seized from traders in March.
Far away from war-torn Ukraine, homes across Karnataka are bracing for the impact of the February 24 Russian invasion of that country.
India looking at other sources, says Nirmala, adds Union govt is encouraging palm, groundnut and sesame cultivation
Pinching the pockets of countless households, the edible oil market is on fire due to the ongoing hostilities between Ukraine and Russia.