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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.
FAS Mumbai estimates marketing year (MY) 2018/19 cotton acreage at 12.35 million hectares and production at 27.8 million 480-pound (lb) bales.
On December 17, 2018, the Government of India’s (GOI) Ministry of Finance (MOF) deferred the enactment date of an increase in the Basic Custom Duty on several U.S. agricultural products....
On November 2, 2018, the Government of India’s Food Safety and Standards Authority of India (FSSAI) published a notice to extend the timeline for imports of specialty foods for special medical....
The Government of India’s Food Safety and Standards Authority of India (FSSAI) published a list of frequently asked questions (FAQs) related to the 2018 Fortification of Foods Regulations.
The Government of India’s Food Safety and Standards Authority of India (FSSAI) issued a guidance note summarizing the use of stickers on food products (primarily fresh fruits and vegetables)....
On November 2, 2018, the Government of India’s (GOI) Ministry of Finance (MOF) extended the implementation date of an increase in the Basic Custom Duty on several U.S. agricultural products....