Edible oil prices News
Edible oil makers had cut prices by up to Rs 10-15 per litre last month.
Major edible oil makers have promised to reduce the MRP by up to Rs 10 per litre by next week.
Govt has allowed the duty-free import of 20 L MT of crude soyabean, sunflower oil
Edible oil prices are likely to go down after the govt's move
There is a serious crisis of edible oil all over the world. This simply means that there may be a shortage of edible oil coming to your house in the next few days.
Indonesia had announced to ban exports till further notice apparently to contain edible oil prices in their domestic market.
Indonesia was levying USD 575 per tonne export duty.
Oil and fats contributed to around 60 per cent of food and beverages inflation in the country.
A notification from the Ministry of Food, Consumer Affairs and Public Distribution's Department of Food and Public Distribution published on Wednesday, extended the date from March 31 to December 31.
The DFPD is monitoring the prices of edible oils and their availability to consumers.
Various steps have already been taken by the government to tame prices.
States may prefer to indicative limits which may have been imposed by states earlier is enclosed for consideration.
Reduction in Edible oil prices.
Rates cooling in certain cases.
Check out the full list here.
Cabinet approves implementation of National Mission on Edible Oils – Oil Palm.
A financial outlay of Rs.11,040 crore.
Rs 8,844 crore is the share of central government, rest for state government.
FSSAI's new rules on edible oil.
New rule effective from June 8.
Read more about the new rules.
The Centre held a meeting over rising prices of edible oil
It discussed ways to ensure reasonable prices
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