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On June 14, 2023, India’s Ministry of Finance issued Public Notice No. 39/2023 - Customs that reduces the import duty on refined sunflower and soybean oils.
India’s food retail sector will continue its upward trajectory following a decade of market evolution and sustained growth. The increased purchasing power of Indian households, growing awareness and access to gourmet products, and consumer awareness toward international cuisines and food products have acted as primary growth catalysts in the sector.
On June 8, 2023, the Government of India’s (GOI) Food Safety and Standards Authority of India (FSSAI) invited World Trade Organization (WTO) members to provide comments on draft amendments to the Food Safety and Standards (Alcoholic Beverages) Amendment Regulations 2023.
India’s average ethanol blending rate with petroleum for calendar year 2023 is estimated at 11.5 percent. The National Biofuels Policy of India, amended in May 2022, strengthens efforts to increase domestic ethanol output from sugarcane and multi-feed stocks by expediting pace toward blending goals.
On June 7, 2022, the Indian government announced the Minimum Support Prices (MSP) for all kharif (summer sown, autumn harvested) crops for Indian crop year (ICY) 2023/2024.
On May 22, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) notified on its website Direction REG-11027/3/2022-Regulation-FSSAI. The FSSAI direction informs that the draft Food Safety and Standards (Food for Infant Nutrition) Regulations (2022) are being re-operationalized.
On August 26, 2015, FSSAI officially announced on its website that it would no longer continue with its product approval process, as per the August 19, 2015 ruling by India’s Supreme Court.
On August 5, 2015, India notified to the World Trade Organization (WTO) a draft regulation related to food additives for nutritional supplements, functional and novel food products.
FSSAI amended the Food Safety and Standards (Contaminants, Toxins and Residues) Regulations, 2011, regarding standards for levels of chromium present in gelatin.
On August 5, 2015, India notified to the World Trade Organization (WTO) a draft regulation related to food additives. The deadline to provide comments is October 4, 2015.
On August 10, 2015, India notified to the World Trade Organization (WTO) a draft regulation which updates India’s labeling requirements for the content of trans-fat in packaged food products.
FSSAI issued an order dated August 11, 2015 (posted on FSSAI’s website August 13), for compliance with its labeling requirements for printed logos and license numbers on packaged foodstuffs.