Palm oil

Need for Caution and Care in Protecting Edible Oil Interests

In recent years the import bill for edible oils has been increasing in a very big way and some big initiative was expected from the union government to reduce this. The direction of government plans was indicated earlier also but more formally  the new plans  for the edible oil sector were announced on August 18. These indicate that  the government[Read More...]

Why the Latest Rs. 11000 Crore Scheme is Not the Right Answer for  the Edible Oils Crisis

The burden of edible oil imports has been increasing and edible oil prices have been rising sharply. Hence it was only to be expected that the government will soon announce some major initiative to resolve this crisis. On August 18 the Union Government announced the National Mission on Edible Oils with a financial outlay of Rs. 110,40 crore ( one[Read More...]

Britain Worries EU Ban on Palm Oil Could Harm BAE Arms Sales

British government officials warned a proposed EU ban on palm oil in biofuels could harm UK defence sales to Malaysia, specifically Typhoon fighter jets, according to government emails obtained by Unearthed.
The correspondence reveals that the British high commission in Kuala Lumpur even expected Malaysian Prime Minister Najib Razak to lobby Theresa May personally on the issue at last month’s Commonwealth Heads of Government meeting. In the event, Razak did not attend the meeting in London, a Number 10 spokeswoman told Unearthed.

In Photos | Palm Oil Plantations Are Killing Orangutans In Indonesia

TRIPA PEAT SWAMP, Indonesia (AP) — Palm oil is used in everything from cookies and lipstick to paint, shampoo and instant noodles, and Indonesia is the world’s top producer. As demand soars, plantations are expanding. In Tripa, companies drain the swamp, releasing planet-warming carbon into the atmosphere and clear the forest of its native trees, often setting illegal fires.This robs orangutans and other endangered species of their habitats, leaving the animals marooned on small swaths of forest, boxed-in on all sides by plantations.

First Russia Bans GMOs, Now a Junk Food Tax Could be Next

Californians and Russians must think alike. The U.S. state recently considered reinstating a soda tax, and now Russian government officials are thinking of adding soda, potato chips, and palm oil to a list of excisable goods. The measure would be part of a plan to promote a healthier diet for Russians as well as boost tax revenues.