Industry body SEA on Tuesday urged the government to regulate import of refined edible oils, restrict duty-free inbound shipments of finished products like soaps and noodles, and impose 5 per cent GST on de-oiled rice bran. In its pre-budget memorandum submitted to Finance Minister Nirmala Sitharaman, Solvent Extractors Association of India (SEA) emphasised the need to launch the 'National Mission on Edible Oils' (NMEO) with increased financial support to boost oilseeds production and reduce import dependency. The NMEO needs to be implemented with a minimum outlay of Rs 25,000 crore for the next five years against the present Rs 10,000 crore to reduce the country's dependence on imported oils to 25-30 per cent by 2029-30 from the current level of 65 per cent, it said. "We need to invest heavily on MSP support, farmer education, seeds, agri practices and machinery, soil weather forecasting and storage, along with modernisation of processing industry," SEA added. Expressing concern o