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India allows imports of extra 550,000 tonnes of genetically modified soymeal

India allows imports of extra 550,000 tonnes of genetically modified soymeal

reuters.com · 04/29/2022 11:01
India allows imports of extra 550,000 tonnes of genetically modified soymeal

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

The shipments need to be imported before Sept. 30, 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. nFWN2PV0NL nL1N2PW11J

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 Oct. 31, 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.


(Reporting by Rajendra Jadhav and Mayank Bhardwaj; Editing by Bill Berkrot)

((mayank.bhardwaj@thomsonreuters.com; +91-11-4954 8030; Twitter: @MayankBhardwaj9; Reuters Messaging: mayank.bhardwaj.thomsonreuters.com@reuters.net))