date:Nov 21, 2018
from 2009-10 to 2016-17, imports had surged by 78 percent. The total demand for 2017-18 was estimated to be around 23 million tonne. According to the Ministry of Agriculture, the demand-supply gap (that is bridged through imports) is 15 million tonne. On an average, imports account for around 70 percent of Indias edible oil consumption.
The situation is exacerbated by the fact that edible oil consumption is growing at a rapid pace. Interestingly, in 2017, edible oil became Indias largest packag