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PYQ 1200 Q/A Part - 1
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Kerala PSC India Year Book Study Materials Page 237
Book's First Pagereasons, mainly the seasonal availability of raw material, the total capacity utilization of the edible oil industry is around 35 per cent as per estimates given by the Solvent Extractors Association of India. Ban on Export of Edible Oils Exports of edible oils has been banned from March 2008 with certain exemptions i.e., coconut oil from all Electronic Data Interchange (EDI) ports and through notified Land Customs Stations (LCS), castor oil, organic edible oils and certain oils produced from minor forest produce. Further, export of edible oil has been permitted in branded consumer packs of upto 5 kg subject to Minimum Export Price of USD 900 per tonnes which was reduced from USD 1100 per tonnes in 2015. Export of rice bran oil in bulk has been allowed from 2015. From 2017, groundnut oil, sesame oil, soyabean oil and maize (corn oil) have been exempted from the ban. Import Duty on Edible Oils As there is a continuous demand in excess over the domestic supply of edible oils, its import has been resorted to for more than two decades. In order to maintain uninterrupted supply of edible oils at affordable prices to the consumers and at the same time keeping in mind the interest of the farmers, industry as well as consumers, import duty on crude and refined edible oils was raised to 35 and 45 per cent respectively while import duty on olive oil was increased to 40 per cent. The import duty on crude and palm oil remained at 44 and 54 per cent respectively. International Cooperation India is associated with a number of international agencies working in the field of food related matters. These include World Food Programme (WFP), SAARC Food Bank, Food and Agricultural Organisation (FAO), International Grains Council (IGC) and International Sugar Organisation (ISO), etc. SAARC Food Bank In pursuance of the decision taken in the 14th SAARC Summit held in New Delhi in 2007, the Heads of States of South Asian Association for Regional Cooperation (SAARC) countries signed the agreement to establish the SAARC Food Bank. The Food Bank will supplement national efforts to provide food security to the people of the region. As per this agreement, SAARC Food Bank is to have a reserve of foodgrains to be maintained by each member states consisting of either wheat or rice, or a combination of both as assessed share of the country. Food and Agricultural Organisation and Committee on World Food Security Food and Agricultural Organisation (FAO) is one of the largest specialized agencies in the UN System founded in 1945 with a mandate to raise levels of nutrition and standard of living by improving agricultural productivity and living conditions of rural population. The Committee on World Food Security (CFS) serves as a forum in the United Nations System for review and follow-up of policies concerning world food security, including food production, physical and economic access to food. India is a member of both FAO and CFS. Committee on World Food Security (CFS) monitors the progress of implementation of the WFS Plan of Action.