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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 January 29, 2021, the Food Safety and Standards Authority of India re-instituted now for a second time, its draft Food Safety and Standards (Food Products Standards and Food Additives) Amendment...
Assuming normal weather conditions through harvest (February through March), India is expected to produce an estimated 8.2 million metric tons of rapeseed and mustard...
The Food Safety and Standards Authority of India (FSSAI) published on February 16, 2021, a clarification that compliance with the exclusion of High Fat Sugar Salt (HFSS) Foods...
On February 1, 2021, the Government of India’s (GOI) Ministry of Finance presented the annual budget for Indian Fiscal Year (FY) 2021/22 (April-March) and announced budget estimates...
India is set to achieve another record wheat harvest in marketing year (MY) 2021/22 (April-March) on record planting and favorable weather conditions during the current vegetative growth stage.
On February 8, 2021, the Government of India’s Food Safety and Standards Authority (FSSAI) clarified that the implementation of the requirement for a Genetically Modified-Free Certificate...