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Centre writes to states seeking action for ensuring prices of Edible Oils are brought down post import duty reduction

Centre has written to States seeking action for ensuring that the prices of edible oils are brought down post import duty reduction for immediate relief of consumers.
Centre writes to states seeking action for ensuring prices of Edible Oils are brought down post import duty reduction
Centre writes to states seeking action for ensuring prices of Edible Oils are brought down post import duty reduction

Department of Food and Public Distribution has written to all major oil producing states to take appropriate and immediate action for ensuring that the prices of Edible Oils are brought down to commensurate levels in line with the import duty reductions. The letter has been written to Rajasthan, Madhya Pradesh, Maharashtra, Gujarat, Uttar Pradesh, West Bengal, Tamil Nadu and Andhra Pradesh which are major oil producing states.
Centre has directed the states to ensure that full benefit of duty reduction made by the Centre is passed on to the consumers in order to provide immediate relief from the prevailing high prices of Edible Oils, especially during the ensuing festival season. This would also help in bringing down the food inflation and provide relief to ordinary consumers by reduction in the prices of edible oils by 15 to 20 rupees per kilogram.

Published date : 16 Oct 2021 06:03PM

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