On May 24, 2022, India’s Ministry of Commerce and Industry/Directorate General of Foreign Trade issued Public Notice No. 10/2015-20 (May 24, 2022) (see, Appendix I). The public notice specifies that India is allocating a tariff-rate quota (TRQ) of 2 million metric tons (MMT) for crude soybean oil and a similar TRQ of 2 MMT for crude sunflower oil in India fiscal year (IFY) 2022/23 and in IFY 2023/24. The Indian government’s measure is meant to address the high domestic prices of edible oils, and to check rising food inflation.
On May 2, 2022, the Ministry of Consumer, Food and Public Distribution, through the Directorate General of Foreign Trade announced approval for the importation of an additional 550,000 metric tons (MT) of soybean meal (including GE derived).
On December 23, 2021, the Ministry of Consumer Affairs, Food and Public Distribution, through the Department of Food and Public Distribution, issued the “Soya Meal Stock Control Order, 2021.”
On September 3, 2021, India’s Ministry of Commerce and Industry/Directorate General of Foreign Trade (DGFT), issued Notification No. 23/2015-2020 pertaining to the “Inclusion of Ports of Import in Continuation to Notification No. 20/2015-20 (August 24, 2021).”
On September 13, 2021, India’s Ministry of Commerce and Industry/Directorate General of Foreign Trade (DGFT), published Notification No. 25/2015-2020, clarifying that it is authorizing the import of consignments of soybean meal and soy cake derived from genetically engineered (GE) soybeans with a bill of lading or lorry (truck) receipt date issued on or before October 31, 2021.
On August 24, 2021, the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry published a directive in the Gazette of India Extraordinary that will officially permit India to import 1.2 million metric tons (MMT) of soybean meal and soy cake derived from genetically engineered (GE) soybeans through October 31, 2021.
On July 30, 2021, the Food Safety and Standards Authority of India (FSSAI) published on its website the Food Safety and Standards (Food Product Standards and Food Additives) Third Amendment Regulations (2021).
Post’s sources inform that the Indian government is allowing for the import of up to 1.5 million metric tons (MMT) of foreign-origin soybean meal (including that derived from GE-soybeans) at a 16.5 percent basic customs duty.
On June 29, 2021, the Food Safety and Standards Authority of India (FSSAI) published a new directive changing the nomenclature ‘‘Blended Edible Vegetable Oil” or “Multi Source Edible Vegetable Oil” now to simply “Multi Source Edible Oil.”
On April 13, 2021, the Food Safety and Standards Authority of India (FSSAI) notified provisions for licensing and registration of fortified food products in its Food Safety and Compliance System (FOSCOS).
The Government of India’s (GOI) Food Safety and Standards Authority of India (FSSAI) has proposed new amendments in its Food Safety and Standards (Packaging and Labeling) Regulations, 2011.
On February 1, 2020, Finance Minister Nirmala Sitharaman presented the Government of India’s (GOI) annual budget for Indian Fiscal Year (IFY) 2020/21.