Oil Palm Farmers Oppose Cut in Palm Oil Import Duty
Headline by Prism · from 1 report
Oil palm farmers in Andhra Pradesh, Telangana, and Karnataka are protesting the federal government's decision to cut palm oil import duties.
Deccan ChronicleThe brief
Written by software from the 1 report below.
- Farmer associations in Andhra Pradesh, Telangana, and Karnataka argue that reducing the basic import duty on palm oil from 10 percent to 5 percent unfairly harms domestic producers.
- These organizations claim the policy prioritizes the refining industry over the needs of local cultivators who face rising farming costs.
- Farmer leaders are calling for the government to narrow the gap between crude and refined palm oil duties and to restore import duties to previous higher levels.
- This opposition highlights growing tensions between oilseed growers and the commerce ministry regarding agricultural support.
Who said what
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Kranthi Kumar Reddy
General secretary of National Oil Palm Farmers Association
1 quote · 1 outlet
“This bias towards refiners is unacceptable. If consumer interests are to be protected, the gap must be narrowed to 5 per cent, as it was a decade ago”
In the article
…the duty reduction had affected the oil palm and other oilseed growers. Farmer leaders said the gap between crude and refined palm oil duties, which stood at 7.5 per cent in 2019-20, had now widened to 24.75 per cent. “ This bias towards refiners is unacceptable. If consumer interests are to be protected, the gap must be narrowed to 5 per cent, as it was a decade ago ,” they said. Kranthi Reddy and Veera Raghav Rao pleaded that the government restore the import duty to the 2021-22 level of 49 per cent to safeguard the interests of domestic producers. They criticised the commerce…
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NamedIndia · Andhra Pradesh · Karnataka · Andhra Pradesh Oil Palm Farmers Welfare Association · Bobba Veera Raghav Rao · Kranthi Kumar Reddy · Ministry of Agriculture and Farmers' Welfare · Ministry of Commerce and Industry · National Oil Palm Farmers Association · Shivaraj Singh Chouhan
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