India's edible oil import bill rebounds to $18.3 billion as global biofuel mandates spark fresh price pressures
Edible oil vulnerability

Imports are a burden best avoided; biofuel focus of key suppliers signals price spike

Food Ministry to Mandate Real-Time Edible Oil Stock Declaration for Price Stability. (Image Source: Reuters)
Edible oil import bill up 22% on year

The food ministry recently notified a new vegetable oil products production and availability regulation Order, 2025 (VOPPA), aimed at increasing…