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Palm oil is imported mainly from Malaysia and Indonesia.
Import of edible oils including palm oil (except coconut oil) is under Open General Licence. In order to harmonise the interests of farmers, processors and consumers and to regulate large import of edible oils to the extent possible, the import duty structure on edible oils is reviewed from time to time.
Some of the steps taken to ensure remunerative price to the farmers are:-
Customs duty on crude palm oil/crude palmolein has been increased from 65 per cent to 80 per cent and on refined palm oil/RBD palmolein has been increased from 75 per cent to 90 per cent with effect from February 15, 2005.
Enhanced incentives to the farmers through fixation of Minimum Support Price (MSP) of major oilseeds.
A restructured Centrally Sponsored Scheme “Integrated Scheme of Oilseeds, Pulses, Oil palm & Maize” (ISOPOM) is being implemented in certain states for increasing the production and productivity of oilseed including oil palm.
Assistance is also provided for production and distribution of certified seeds, distribution of seeds minikits, infrastructure development, integrated pest management (IPM), supply of sprinkler sets and distribution of rhysobium culture etc.
Market Intervention Scheme (MIS) is being implemented through National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) for the purchase of oil palm Fresh Fruit Bunches (FFBs).
This information was given in Lok Sabha today by the Minister of State for Consumer Affairs, Food and Public Distribution Dr. Akhilesh Prasad Singh in a written reply to a question of Shri Basudeb Acharia and Smt. (SAW.) Kalpana Ramesh Narhire.
SBK:CP:lok21.3
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