Tag: edible oil imports India
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Indonesia’s Biofuel Push: Why Cooking Oil Prices May Rise in India
Important for: UPSC, Haryana HCS, Punjab PCSPrelims: Biofuel, palm oil, biodiesel (B50)Mains: GS Paper 3 — Economy, Agriculture, Energy Security Why in News? Indonesia’s expansion of palm oil-based biodiesel blending (B50 programme) is expected to reduce global supply of palm oil, potentially increasing cooking oil prices in India. What is the B50 Biofuel Programme? ➤…
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