India likely to raise vegetable oil import taxes to help support local farmers
- Posted on February 21, 2025
- By Business News Today
- 1 Views
India likely to raise vegetable oil import taxes to help support local farmers
India is set to raise import taxes on vegetable oils again within six months to assist oilseed farmers affected by plummeting domestic prices. This move may increase local oil prices, reduce demand, and lower imports of palm, soyoil, and sunflower oil.
