Hyderabad: The domestic vegetable oil industry is pegged at Rs 2.5 lakh crore. The sector has seen huge volatility this year. High oil and oilseed prices, which normally would be a stimulus for increased production, became a challenge in terms of managing the consumer inflation, Indian Vegetable Oil Producers’ Association President Sudhakar Desai tells Telangana […]
Siddipet: The Finance Minister T Harish Rao has called upon the farmers to take up Oil Palm cultivation since there was a shortage of Palm Oil in the country in the wake of the Ukraine- Russia war. Since Malaysia and Indonesia have also suspended the exports of Palm Oil to India, the Minister has said […]
Hyderabad: The cooking oil prices are likely to rise as Indonesia has decided to stop export of palm oil. Indonesia is the biggest producer of palm oil. The high inflation locally there forced the Government to stop exports to ensure there are adequate stocks for domestic consumption. “Indonesia made a statement stopping exports from April […]
Hyderabad: Prices of cooking oil are on an upwards spiral and have gained up to Rs 25 more per litre. The trade segments attribute the increase in prices to the tightening supplies of sunflower and safflower oils, both called as sun oils, to the Russia-Ukraine war. Also, palm oil imports are getting costlier due to […]
By David R Boyd Industrially produced food appears to be cheap but is actually very expensive. Recent estimates of the hidden costs of today’s food systems range from US$12 trillion to US$20 trillion annually. These mind-boggling figures include food’s devastating environmental and human rights impacts and poor health caused by unhealthy diets.To put these costs […]
The Prime Minister said the government will ensure that farmers get all facilities, from quality seeds to technology to promote farming to produce palm oil and other oil seeds.
MLA Chinnam Durgaiah planted saplings of palm oil in a nursery belonging to the Horticulture Department near Kannala village in Bellampalli mandal on Friday