The ongoing war in Ukraine may impact the edible oil situation in India to some extent, according to Finance Minister Nirmala Sitharaman.
In an interaction with presspersons in Bengaluru on Wednesday, the Union Minister explained that Ukraine is a large producer of sunflower oil and India imports it from there. She, however, added, “We have already started looking at various other places from where any other edible oil, which is used in India, if not sunflower oil, can be imported.”
While the country needed nearly 23 million tonnes oil seeds, its production was only 17 million tonnes. This had compelled the country to import six million tonnes of oil seeds, she said.
