Indian manufacturers of vegetable oils is asked to raise import duty on vegetable oil

Association of vegetable oils producers of India (SEA) requested the government to support domestic production to ban the import of refined palm oil or palm oleo, and to increase the import duty on soy and sunflower oil from 37.5% to 45%, and for crude palm oil - up to 50%.

Due to the low import duties on vegetable oils in recent years local farmers have lost interest in oilseed crops. Therefore, their production remains stable, whereas the consumption of food oils is increasing annually by 3-4% due to improved standard of living.

was Signed between India and Indonesia with Malaysia in 2010, the agreement was not allowed to increase taxes. But the term of the agreement ends, so India can take steps that will increase domestic prices for oilseeds and to interest farmers in their farming.

the import Ban on refined palm oil will support the oil refining industry during the crisis. Processing facilities palm oil is currently loaded only by 30%. The increase in duties on import of oil will boost the use of unconventional sources of oil, for example, viscu rice, cotton seeds and oil-bearing trees.

SEA representatives Also suggested that the government encourage farmers from Punjab and Har Jani transfer of land under maize or sunflower in the season Harpo and mustard in Rabi season.

at present, the production of wheat and rice in the country considerably exceeds the consumption, while imports of vegetable oils increases. The proposed 25% diversification of land will change the cycle of production of wheat and canola, and also reduce the destruction of the groundwater level in these regions, which is also a pressing problem.

To protect prices in the first rocky measures are needed to encourage farmers and purchases their products.

in addition, India still does not consider the palm as a plantation culture, so the private sector can not invest in the development of palm plantation. Now the area of cultivation of oil palm in India account for only 0.3 million ha and the production is 0.25 million tons, But experts estimate the potential of growing trees in 2 million hectares of oil production is 8 million tons.

the Yield of palm oil is highest among the other oilseed crops and is 4 t/ha. If within the next 4 years under oil palm will be able to allocate a further 1 million hectares, the country will significantly reduce dependence on imports, - told in the SEA.