China’s interest in buying soyabean from Maharashtra to benefit farmers. China has shown interest in buying soyabean de-oiled cake produced in Maharashtra and the initiative is likely to help fetch higher prices for the crop than the minimum guaranteed price. China is looking forward to import agricultural products from the state and also invest in the sector. Keeping in mind the interest of soyabean cultivators, the Centre has announced a 10 per cent export promotional incentive (subsidy) as well. This would certainly help soyabean growers to earn more as the export will also increase the demand in the domestic market. The Centre has also increased the import duty on various oils, including soyabean, crude palm and refined palm oils, that eventually benefit the local soyabean cultivators. The soyabean grown in the state is non-genetically modified, so it in huge demand for export.