The Cabinet Committee
on Economic Affairs (CCEA) has given its approval to continue the ban on
export of edible oils with certain exemptions w.e.f. 1.10.2012 till
further orders. The CCEA also gave its approval to the following:
(i) Extension of the scheme for distribution of subsidized imported
edible oils through State Governments/ Union Territories w.e.f.
1.10.2012 to 30.9.2013, with central subsidy of Rs.15/-per kg for import
of up to 10 lakh tonnes of edible oils during this period.
(ii) Permission to export edible oils in branded consumer packs of up to
5 kgs. with a ceiling of up to 20,000 tonnes per annum, w.e.f.
1.10.2012, to meet the increasing demand from Indians living abroad.
(iii) Ex-post facto sanction to the excess exported edible oils in
branded consumer packs of up to 5 kgs. of 20,912 MTs as on 31.7.2012
over and above the permitted quantity of 10,000 MTs for one year between
1.11.2011 to 31.10.2012 and mid-term assessment of quantity of export of
edible oils by Department of Commerce and licensing mechanism by DGFT.
In order to provide relief to consumers especially to BPL households the
current scheme for distribution of subsided imported edible oils will be
Due to the decline in production of oilseeds and edible oils during
2011-12, drought like situation during current kharif season and less
monsoon in major oilseeds growing states, the domestic availability of
edible oils will be lower this year. Therefore, the ban on export of
edible oils will be continued with certain exemptions.