India's government has increased the import duty on edible oils by 20%, impacting the prices of crude palm, soybean, and sunflower oils, which are essential for many households and businesses. This decision aims to protect local farmers by stabilizing oilseed prices, but it has triggered immediate price hikes in retail outlets, with palm oil prices rising from ₹90 to ₹110 per liter. Despite this duty increase, demand for edible oils is expected to grow by 2%-3% due to ongoing affordability and the upcoming festive season, according to industry experts. The total import duty on refined oils has also increased significantly, leading brands to anticipate price hikes of 10-15% in the coming weeks. While the government promotes these tariffs as beneficial for domestic agriculture, they may strain consumer budgets during a peak consumption period, with retail inflation in the oil sector having been negative since early 2023. Analysts indicate that the new policies reflect a strategic approach to bolster local agricultural interests while balancing consumer needs.