Edible Oil Rate: The government has asked the oil companies to reduce the prices of edible oil and soon you can get the gift of cheap edible oil. Know what happened in yesterday’s meeting.
Edible Oil Rate: The government is keeping an eye on the prices of edible oils. The government is alert about the falling prices of edible oil in the international market and is taking steps to provide its benefits to the consumers of the country. Sanjeev Chopra, Secretary, Department of Food and Public Distribution, during a meeting with prominent representatives of the edible oil industry, said on May 4 that the benefit of the fall in global edible oil prices should be passed on to the consumers immediately.
Government talked to industry giants
In the midst of the falling prices of imported edible oil in the international market, a positive attitude is being created regarding edible oils in India and in the meantime, the government has talked to the organizations involved in the production and distribution of edible oil and asked them to reduce their prices. . In yesterday’s meeting, representatives of Solvent Extraction of India (SEAI) and Indian Vegetable Oil Producers Association (IVPA) joined the government and discussed how to pass on the benefits of falling global oil prices to the country’s consumers .
Edible oil prices will come down soon
Industry experts informed the government that there has been a fall of $200 to $250 per tonne in different types of edible oil globally, but it will take time to get the benefit of this fall in the retail markets. Although he has said that soon the prices of edible oil are expected to be cut soon.
What have you got trust
Leading edible oil associations have been advised to discuss the matter with their members at the earliest. Along with this, he has also assured that the MRP of each edible oil will be brought down according to the global oil prices.
Mother Dairy has reduced the price of edible oil yesterday.
Mother Dairy, which sells edible oil under the name of Dhara brand, has announced a reduction in the MRP of edible oil by Rs 15 to 20 per litre. Next week, when new stock will come in the market, people will be able to get cheap edible oil in the retail market.
