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Reconsider decision on import duty cut on crude palm oil: TDP to Centre
Reconsider decision on import duty cut on crude palm oil: TDP to Centre

New Indian Express

time2 days ago

  • Business
  • New Indian Express

Reconsider decision on import duty cut on crude palm oil: TDP to Centre

VIJAYAWADA: Chief Minister N Chandrababu Naidu has urged Union Home Minister Amit Shah to reconsider reduction of crude palm oil import duty. A TDP delegation, led by MP Lavu Sri Krishna Devarayalu, along with Union Civil Aviation Minister K Ram Mohan Naidu, met the Union Home Minister on Tuesday. The delegation submitted a formal letter from CM Naidu, urging reconsideration to rollback the Centre's recent decision to reduce import duty on Crude Palm Oil (CPO) by 10%, as per gazette notification released on May 30. In his letter, Naidu highlighted that the timing of the duty reduction - announced during the peak plantation season - could seriously disrupt the success of the National Mission on Edible Oils - Oil Palm (NMEO-OP) and hurt farmer income. 'This decision, while perhaps intended to address short-term concerns, stands to seriously undermine the long-term vision and efforts being made by both the Government of India and the States, including Andhra Pradesh, to promote oil palm cultivation under the NMEO-OP, Naidu explained. AP accounts for over 50% of the total oil palm cultivation area in India, with 1.74 lakh farmers cultivating across 2.49 lakh hectares. The State has already achieved 67,727 hectares of oil palm coverage, and targets an additional 50,000 hectares this year, he stated.

Naidu urges Amit Shah to rollback move on crude palm oil
Naidu urges Amit Shah to rollback move on crude palm oil

The Hindu

time3 days ago

  • Business
  • The Hindu

Naidu urges Amit Shah to rollback move on crude palm oil

Chief Minister Nara Chandrababu Naidu in a letter urged Union Home Minister Amit Shah to reconsider Centre's decision to reduce import duty on crude palm oil. A delegation led by Telugu Desam Party Lok Sabha floor leader Lavu Sri Krishna Devarayulu along with other TDP MPs and Union Civil Aviation Minister K. Rammohan Naidu called on Union Home Minister in New Delhi on Tuesday (June 17). The delegation submitted Mr. Naidu's letter urging the Centre to reconsider it decision to reduce import duty on Crude Palm Oil (CPO) by 10%, as per Gazette notification released on May 30. In his letter, Mr. Naidu highlighted that the timing of the duty reduction — announced during the peak plantation season — could seriously disrupt the success of the National Mission on Edible Oils – Oil Palm (NMEO-OP) and hurt farmer income. 'The reduction in import duty will lead to an immediate drop in the price realisation for existing Oil Palm growers, thereby eroding their confidence and potentially dissuading prospective farmers from adopting this high-potential crop,' the CM said. 'This decision, while perhaps intended to address short-term concerns, stands to seriously undermine the long-term vision and efforts being made by both the Government of India and the States, including Andhra Pradesh, to promote oil palm cultivation under the NMEO-OP,' he said. Andhra Pradesh accounts for over 50% of the total oil palm cultivation area in India, with 1.74 lakh farmers cultivating across 2.49 lakh hectares. The State has already achieved 67,727 hectares of oil palm coverage from 2021–2025, and targets an additional 50,000 hectares this year under the NMEO-OP, the letter mentioned. The Chief Minister further said, 'Andhra Pradesh has taken proactive steps to promote Oil Palm expansion, including provision of incentives as per NMEO-OP, infrastructure development and farmers' outreach through awareness programmes and deep technologies with AI tools. However, such policy decisions at the national level risk undoing the momentum that has collectively built.' Meanwhile, Mr. Devarayulu reinforced the need for policy revision and support to farmers. 'Given the vital role these groups play in implementing NMEO-OP, I urge the Ministry of Cooperation to take cognizance of the issue and work with stakeholders to ensure price support and stability,' he urged Mr. Shah.

Assam Cabinet approves expansion of Kaziranga National Park by over 47,000 hectares
Assam Cabinet approves expansion of Kaziranga National Park by over 47,000 hectares

India Gazette

time04-06-2025

  • Politics
  • India Gazette

Assam Cabinet approves expansion of Kaziranga National Park by over 47,000 hectares

Guwahati (Assam) [India], June 4 (ANI): Assam Cabinet under Chief Minister Himanta Biswa Sarma on Wednesday approved the expansion of Kaziranga National Park by over 47,000 hectares under its sixth extension. According to the Assam Chief Minister's Office (CMO), this will strengthen biodiversity conservation efforts and promote sustainable tourism at the Kaziranga National Park. CMO Assam shared an X post which said, 'Assam Cabinet has approved the expansion of Kaziranga National Park by over 47,000 hectares under its sixth extension. This move aims to strengthen biodiversity conservation efforts and promote sustainable tourism at the UNESCO World Heritage Site.' As per the X post shared by CMO Assam, villages Gopal Jarani, Gonaitapu, Jobre, Thute Chapori, Baligaon Biswanath Ghat, Umatamoni, Gakhirkhaite, Silghat and Hatimura are included in this expansion project. Expansion of the national park comes as a part of decisions taken in the state cabinet meeting chaired by CM Himanta Biswa Sarma at Lok Sewa Bhawan in Guwahati on May 21. Earlier, the Assam Cabinet decided to grant arms licences to original inhabitants and indigenous Indian citizens residing in vulnerable, remote, and border areas of the state. The decision was made with a focus on enhancing the security of the people in the region. 'This scheme will act as a deterrent to unlawful threats and enhance the personal security and confidence of such individuals and communities,' the Assam Chief Minister said. In addition to that, the cabinet has given the green light to a Rs 250 crore proposal for upgrading 34 polytechnics and 43 government ITIs into Centres of Excellence in collaboration with Tata Technologies Limited, aiming to boost skill development and employment opportunities. To honour Assam's stalwarts, the cabinet also approved renaming three institutions. The Sarusajai Sports Complex will now be called Arjun Bhogeswar Baruah Sports Complex, the Mangaldoi Stadium will be renamed Raja Dharma Narayan Stadium, and the State Institute of Panchayat and Rural Development will be renamed Golap Borbora State Institute of Panchayat and Rural Development. The cabinet further approved land allotment by Assam Power Distribution Company Limited (APDCL) to Greenko Energies for a 900 MW off-stream Pumped Storage Project in West Karbi Anglong, alongside relaxations in land categories for oil palm cultivation under the National Mission on Edible Oils - Oil Palm (NMEO-OP), enabling more farmers to benefit from the scheme. (ANI)

AP begins drive to make oil palm yield profitable
AP begins drive to make oil palm yield profitable

Time of India

time31-05-2025

  • Business
  • Time of India

AP begins drive to make oil palm yield profitable

Vijayawada: In a move to make oil palm cultivation profitable, state govt has initiated an extensive farmer awareness programme. A leading oil palm production firm-3F Oil Palm Pvt. Tired of too many ads? go ad free now Ltd has joined hands with govt in taking up the massive awareness drive. The initiative is being conducted in Eluru, West Godavari, and East Godavari districts, covering a total of 50 villages. Andhra Pradesh is the leading producer of oil palm in the country. The program focuses on educating farmers about best practices in oil palm farming, including agronomy techniques, input management, disease control, and sustainable harvesting methods. Through interactive sessions, demonstrations, and expert consultations, the campaign seeks to empower farmers with the knowledge and tools necessary to increase productivity and profitability. India currently imports over 60% of its edible oil requirements, with annual imports exceeding 13 million tonnes. To counter this, Union govt launched the National Mission on Edible Oils–Oil Palm (NMEO-OP) with the goal of bringing an additional 6.5 lakh hectares under oil palm cultivation by 2025–26. A senior horticulture official said that Andhra Pradesh plays a pivotal role in this mission as it contributes more than 60% of India's total oil palm cultivation. With over 1.5 lakh hectares currently under oil palm yield, the state is a key driver in reducing dependency on imports and enhancing domestic production. "This joint effort underscores the commitment of both 3F Oil Palm and the horticulture department to boost the oil palm sector in the state and contribute to the larger goal of self-reliance in edible oil production. Tired of too many ads? go ad free now The program is expected to directly benefit hundreds of farmers, creating a ripple effect in improving oil palm cultivation standards across the region," said Srinivas Rao Kilari, head of agricultural unit at 3F Oil Palm Pvt. Ltd. It is noted that the company has been engaged in oil palm development program in India since the project commenced in the early 1990s. Due to its continued vision towards this project, they have invested in, and are actively carrying out operations in five states in the country.

3F Oil Palm, Andhra govt launch awareness prog to promote sustainable oil palm cultivation
3F Oil Palm, Andhra govt launch awareness prog to promote sustainable oil palm cultivation

The Print

time29-05-2025

  • Business
  • The Print

3F Oil Palm, Andhra govt launch awareness prog to promote sustainable oil palm cultivation

India currently imports over 60 per cent of its edible oil requirements, with annual imports exceeding 13 million tonnes. The initiative, launched in collaboration with the state's Department of Horticulture, is being conducted in Eluru, West Godavari, and East Godavari districts, 3F Oil Palm said in a statement. Mumbai, May 29 (PTI) 3F Oil Palm on Thursday said it has initiated a farmer awareness programme in 50 villages in Andhra Pradesh to promote sustainable oil palm cultivation. To reduce import dependency, the government launched the National Mission on Edible Oils-Oil Palm (NMEO-OP) to bring an additional 6.5 lakh hectares under oil palm cultivation by 2025-26. Andhra Pradesh plays a pivotal role in this mission, contributing more than 60 per cent of India's total oil palm cultivation with over 1.5 lakh hectares currently under oil palm. 'This joint effort underscores the commitment of both 3F Oil Palm and the Horticulture Department to boost the oil palm sector in the state and contribute to the larger goal of self-reliance in edible oil production. 'The programme is expected to directly benefit hundreds of farmers, creating a ripple effect in improving oil palm cultivation standards across the region,' 3F Oil Palm Head Agri Srinivas Rao Kilari said. PTI SM MR SHW This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

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