MINISTER OF STATE (INDEPENDENT CHARGE) FOR CONSUMER AFFAIRS, FOOD & PUBLIC DISTRIBUTION
(PROF. K.V. THOMAS)
(a) The details of estimated domestic production and consumption of edible oils,
oil-wise including palm oil and coconut oil during the last three years and the current
year is annexed.
(b) & (c) Yes, Madam. The steps taken to promote consumption and export of coconut oil
is as follows:
(i) Coconut Development Board is promoting production of Coconut Oil and value added
products from coconut under the scheme âTechnology Mission on Coconutâ. Under this
Scheme financial and technical assistance is extended to entrepreneurs for establishing
processing units in Coconut sector.
(ii) In order to encourage domestic growers of coconut and producers of coconut oil,
the import duty on crude edible oils has been raised from zero to 2.5 %
(iii) The port restriction for export of coconut oil has been lifted and at present
export of coconut oil is permitted through 13 Electronic Data Interchange(EDI) ports
and also through Land Customs Stations(LCS)
(iv) Quantitative restriction on export of edible oils including coconut oil in
branded consumer packs of upto 5kg has been removed.