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Context
Agri Infra Cess or Agriculture Infrastructure and Development Cess (AIDC) is a tax that the Indian government imposes on the commercial production of agricultural produce. The rate charged depends on the production capacity. The money that the government will collect through this cess is used for infrastructure development in agriculture across the country. |
Reduced AIDC
Steps taken to check the prices of edible oils
This measure will help in cooling down the prices of edible oils which are witnessing an upward trend in the international market due to lower availability and other international factors.
Key Pointers- Palm Oil
Production
Consumption
India specific
India and Oilseeds
National Mission on Edible Oils-Oil Palm (NMEO-OP)
Other Concerns associated with Palm Oil Production
Way Ahead
Enforcement of RSPO standards
Other steps
Press Information Bureau (pib.gov.in)
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