India could unveil plan to boost oilseeds output, cut veg oil imports – sources

India is likely to announce a five-year plan to cut expensive vegetable oil imports worth $10 billion a year in next week’s federal budget by providing farmers with financial incentives to switch to oilseeds from grains, said three senior government officials. Higher oilseed production in India, the world’s biggest buyer of cooking oils, will cut …

The post India could unveil plan to boost oilseeds output, cut veg oil imports – sources first appeared on Hellenic Shipping News Worldwide.

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