Wishes, announcement and its impact from Budget 2025-26

01-Feb-2025 01:23 PM

Wishes, announcement and its impact from Budget 2025-26
Oilseeds
Expectations
★ In the last budget session, an additional budget was announced for the National Oil Mission. It was expected that some announcement would be made regarding the National Oil Mission in this budget as well.
★ The industry was hoping that the government could make some announcement to increase mill exports, which would give some benefit.
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Announcement
★ There was no discussion on the National Oil Mission in the market 2025-26, nor was there any announcement on the duty on import of edible oils.
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Impact on the market
★ It was expected that some announcements would be made to increase oilseed production to get a fair price to the farmers, but this did not happen and it will not have any impact on the markets.