India to import 550,000 tonnes of genetically modified soymeal

All India Poultry Breeders Association had asked for more
calendar icon 2 May 2022
clock icon 1 minute read

India has allowed imports of an extra 550,000 tonnes of genetically modified (GM) soymeal, reported Reuters, citing a government order, to help the poultry industry reeling from a surge in local prices of the important animal feed.

The shipments need to be imported before 30 September, according to the government order.

The government in August 2021 relaxed import rules to allow the first shipments of 1.2 million tonnes of GM soymeal to help the poultry industry after animal feed prices tripled in a year to a record high.

Traders managed to sign deals to import only about 650,000 tonnes of soymeal against the permitted 1.2 million before the deadline for overseas purchases expired on 31 October 2021.

Now, the government has allowed traders to import the remainder 550,000 tonnes of GM soymeal.

Late last year, the All India Poultry Breeders Association had asked the government to allow imports of 550,000 tonnes of the feedstuff.

Opposing the permission to import more GM soymeal, the Soybean Processors Association of India said the government should not allow any lab-altered feedstuff, as the country does not let farmers grow any GM food products.

© 2000 - 2024 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.