Strongly criticizing the government's decision to permit licences for import of palmolien, the Solvent Extractors Association of India (SEA) has said that this move has the potential of destroying the palm refining oil in the country.
The industry body CII has said that the government-industry task force should be set up to create a strategy to handle the situation and avoid industry closures, job losses, and price increases.
With US President Donald Trump set to make his maiden visit to India, all eyes are on these two democracies’ leaders for action items despite there being no expectation of a major trade deal.
