💨 Abstract

India is overproducing soybean despite the ongoing oilseed mission to promote self-sufficiency in edible oils. For two consecutive seasons, soybean prices in key mandis have been below the minimum support price, while Indian soybean oil imports continue to grow. However, domestic soybean oil is more affordable than imported soybean oil due to lower production costs.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖