Core Viewpoint - The Indian government has reduced the basic customs duty on crude edible oil imports from 20% to 10% [1] Group 1 - The reduction in import duty aims to lower domestic edible oil prices and enhance availability for consumers [1] - This policy change is expected to benefit both consumers and the food processing industry by reducing costs [1] - The move reflects the government's ongoing efforts to manage inflation and stabilize food prices in the country [1]