India to Cut Cooking Oil Imports by Boosting Local Supplies
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India, the world’s biggest buyer of palm oil and lentils, plans to provide financial incentives to farmers to boost domestic production and pare reliance on imports in the next five years, Farm Minister Sharad Pawar said.
“On pulses and oilseeds, I want that India should not depend on any country,” Pawar said in an interview in New Delhi yesterday. “I am not saying that we will become an exporter, at least we will be self-sufficient in four to five years.”