Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Russia-Ukraine crisis impact: India's crude sunflower oil imports fall 23 per cent during February-J.


Date: 27-07-2022
Subject: Russia-Ukraine crisis impact: India's crude sunflower oil imports fall 23 per cent during February-J
In the wake of Russia-Ukraine crisis, India's crude sunflower oil imports fell by 23 per cent to 5.70 lakh tonne between February 21 and June 30 of this year, Parliament was informed on Tuesday. Agriculture Minister Narendra Singh Tomar, in his written reply to the Lok Sabha, said the major countries from which India imports sunflower oil are Ukraine, Russia and Argentina.

"Since February 21, 2022, to June 30, 2022, 5.70 lakh tonne of crude sunflower oil has been imported in the country as against import of 7.39 lakh tonne during the corresponding period in the previous year," Tomar said.

The minister was responding to a query if there was any impact on sunflower oil import due to recent instability in Ukraine and Russia.

Tomar said the country imported 20.45 lakh tonne of crude sunflower oil during 2021-22 fiscal, slightly lower than 21.75 lakh tonne in the previous year.

On steps taken to reduce import dependence on sunflower oil, Tomar said the government has been implementing a Centrally Sponsored Scheme National Food Security Mission- Oilseeds & Oil Palm (NFSM-OS&OP) from 2018-19 to augment the availability of edible oils by increasing the production and productivity of nine oilseed crops including sunflower and to reduce the import burden in the country.

The NFSM-OS is being implemented in 28 states and union territories during 2022-23.

The government has also approved a special project of Rs 43.53 crore to the ICAR- Indian Institute of Oilseeds Research, Hyderabad to increase area and production of sunflower cultivation in the country through hybrid seed production and demonstration for three years from 2022-23 to 2024-25, he added.

 Source Name:-Economic Times
 
 
 
 
 
 

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 06-06-2025
Notification No. 13/2025-Customs (ADD)
Seeks to impose Anti Dumping Duty on imports of ‘Insoluble Sulphur’ originating in or exported from China PR and Japan.

Date: 30-05-2025
Notification No. 31/2025-Customs
Seeks to i. extend the specified condition of exemption to imports of Yellow Peas (HS 0713 10 10) to bill of lading issued on or before 31.03.2026; ii. to reduce the basic custom duty on crude soya bean oil (HS Code 15071000), crude sunflower oil (HS Code 15121110), and crude palm oil (HS Code 15111000) from 20% to 10%

Date: 30-05-2025
Notification No. 38/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 26-05-2025
NOTIFICATION No. 37/2025-Customs (N.T.)
Notification of ICD Jalna, Maharashtra u/s. 7(1)(aa) of Customs Act, 1962" and it was issued under Section 7(1)(aa) of Customs Act, 1962

Date: 23-05-2025
Notification No. 30/2025-Customs
Seeks to amend notification No. 55/2022-Customs dated 31.10.2022 to remove the condition required for availing exemption on Bangalore Rose Onion.

Date: 23-05-2025
NOTIFICATION No. 36/2025 - Customs (N.T.)
Amendment in the Notification No. 63-1994-Customs (N.T) dated 21.11.1994 in respect of Land Customs Station, Raxaul

Date: 15-05-2025
Notification No. 34/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 09-05-2025
Notification No. 29/2025-Customs
Seeks to exempt works of art and antiques from Basic Customs Duty

Date: 30-04-2025
Notification No. 02/2025-Customs (CVD)
Seeks to amend Notification No. 05/2024-Customs (CVD) dated the 11th September, 2024 so as to align with changes made vide Finance Act, 2025

Date: 30-04-2025
Notification No. 26/2025-Customs
Seeks to rescind Notification No. 04/2025-Customs dated the 1st February, 2025



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001