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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 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 November 19, 2021, Prime Minister Narendra Modi announced that the government will withdraw the three agricultural laws enacted in September 2020.

On December 14, 2021, the World Trade Organization (WTO) released its findings from the dispute panel initiated in August 2019 against India’s trade distorting sugar subsidies. The WTO report found that India’s subsidies violated its obligations under the multilateral agreement.

Since March 1, 2021, the Indian government’s Food Safety and Standards Authority of India (FSSAI) has required a mandatory Non-Genetically Modified (GM) and GM-Free status certificate status for the 24 listed crops in its order.

On November 8, 2021, the Indian government’s Food Safety and Standards Authority of India published amendments to the Food Safety and Standards (Food Product Standards and Food Additives) Regulations (2011) in the Official Gazette of India (notification No. 1-116/Scientific Committee/Notif.28.4/2010-FSSAI (1) (Pt.F)).

On November 15, 2021, the Indian government’s Food Safety and Standards Authority of India published amendments to the Food Safety and Standards (Food Product Standards and Food Additives) Regulations (2011) in the Official Gazette of India (notification No. Stds/SC/A- Explorer.