Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Edible Oil Industry Body Flags Trade Distortions From Nepal Under SAFTA
The Business Guardian
|April 15, 2025
The Indian Vegetable Oil Producers' Association (IVPA), an industry body representing India's edible oil refining industry, has submitted a formal representation to the central government departments, highlighting their concerns around the surge in duty-free edible oil imports from Nepal under the South Asian Free Trade Area (SAFTA) framework.
According to IVPA, imports from Nepal rose sharply in early 2025, reaching over 1.80 lakh metric tons between January and March—up from 1.25 lakh tons in the whole of 2024.
IVPA said most of the 1.25 lakh tons of imports in 2024 arrived in India only during the October-December quarter, following a hike in Indian duties, possibly due to the rerouted soya imports to India via Nepal. Under the SAFTA Agreement and the India-Nepal Trade Treaty, vegetable oil imports from Nepal enjoy duty-free access to the Indian market.
In September 2024, India reportedly imposed a 20 percent basic customs duty on crude and refined vegetable oils.
Cette histoire est tirée de l'édition April 15, 2025 de The Business Guardian.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Business Guardian
The Business Guardian
RBI need to infuse Rs 2 trillion in FY26 to maintain comfortable liquidity levels
The Reserve Bank of India (RBI) may need to infuse nearly Rs 2 trillion in the remaining months of FY26 to maintain comfortable liquidity levels, according to a new report by Emkay Global Financial Services.
1 mins
December 03, 2025
The Business Guardian
Jio users to get advance security warnings on highways
Reliance Jio users will now be getting warnings on their mobile phones while driving on highways as the company has signed a Memorandum of Understanding (MoU) with the National Highways Authority of India (NHAI) for the safety of its 4G and 5G network users.
1 mins
December 03, 2025
The Business Guardian
India needs transformational geospatial push to meet development and security goals
India needs a transformational push in geospatial infrastructure to achieve its economic and national security goals, senior government officials and experts said on the opening day of the GeoSmart India 2025 summit in New Delhi.
2 mins
December 03, 2025
The Business Guardian
Indian stock indices decline, analysts point to profit booking
Indian stock indices settled lower on Tuesday, extending marginal losses from the previous session, in what analysts attributed to continued profit booking at higher levels.
2 mins
December 03, 2025
The Business Guardian
FM MEETS GLOBAL FINANCE MINISTERS
\"Union Minister for Finance and Corporate Affairs Smt. @nsitharaman today met senior Finance and Economic Ministers from Andorra
1 mins
December 03, 2025
The Business Guardian
‘When the climate pushes people out: Why India needs a law for the displaced’
Climate change is no longer an abstract debate about rising temperatures or melting glaciers. It has entered the lives of ordinary people in ways that are immediate, disruptive, and often irreversible. Across India, people are packing their belongings not because they want to but because they have no choice.
4 mins
December 03, 2025
The Business Guardian
FRESCOES AND HAVELIS: EXPLORING MANDAWA'S ARTISTIC LEGACY
Mandawa, located in Rajasthan's Shekhawati region, is often overlooked by travelers moving between Jaipur and Bikaner. Yet, this small town is a treasure trove of art and history, widely recognized for its havelis, or traditional mansions, adorned with intricate frescoes and murals.
3 mins
December 03, 2025
The Business Guardian
Bikaner: A journey beyond the sands
Bikaner, often called the desert jewel of Rajasthan, is a captivating blend of history, culture, and architectural splendor. Located in the northwestern part of the state, this city was founded in 1488 by Rao Bika, a Rajput prince.
2 mins
December 03, 2025
The Business Guardian
WHEN A SHORT SESSION IS A BLESSING IN DISGUISE
The Opposition is all set to make the voter list re- vision exercise a key issue this WInter Session of Parliament. This does not suit the government for many reasons.
2 mins
December 03, 2025
The Business Guardian
Delhi government reviews TERI study on microplastics and frothing in Yamuna, orders time-bound action plan
The Environment Department on Tuesday, 2 December 2025, convened a high-level meeting chaired by Hon'ble Environment Minister Manjinder Singh Sirsa to review TERI’s detailed study on microplastics and frothing in the Yamuna river
1 min
December 03, 2025
Listen
Translate
Change font size