Big relief for consumers! Govt directs companies to cut edible oils price by up to Rs 10 per litre, maintain uniform MRP
The government has directed edible oil manufacturers to further cut the maximum retail price (MRP) of imported cooking oils by up to Rs 10 per litre within a week.
Jul 06, 2022, 20:06 PM IST
Good news for consumers! Edible oil prices to go down as govt takes THIS bold move
The announcement comes in the wake of a surge in edible oil prices in India. India is one of the world’s largest vegetable oil importers and relies on imports for 60 per cent of its needs.
May 25, 2022, 07:43 AM IST
DNA: Why is there a crisis of edible oil in the world?
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.
Apr 30, 2022, 02:34 AM IST
Edible oil industry suggests govt initiate dialogue with Indonesia over palm oil ban
Oil and fats contributed to around 60 per cent of food and beverages inflation in the country, despite having a weight of only 7.8 per cent in the basket.
Apr 25, 2022, 22:03 PM IST
Stock limit on edible oils, oilseeds extended up to Dec 31
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.
Mar 31, 2022, 18:02 PM IST
Centre asks states again to ensure reduction in edible oil prices
Food Department will be meeting all states and Union Territories on Monday through video conferencing.
Oct 24, 2021, 22:53 PM IST
Good news on edible oil prices! Rates to cool down, govt writes letter to 8 states --See this chart
The letter has been written to 8 major oil producing states -- Rajasthan, Madhya Pradesh, Maharashtra, Gujarat, Uttar Pradesh, West Bengal, Tamil Nadu & Andhra Pradesh which are major oil producing states.
Oct 15, 2021, 11:46 AM IST
Good news on edible oil prices! Modi govt takes big decision to reduce heavy dependence on imports for edible oils, approves Rs 11,040 crore scheme
Under National Mission on Edible Oils – Oil Palm scheme, it is proposed to cover an additional area of 6.5 lakh hectare (ha.) for oil palm till the year 2025-26 and thereby reaching the target of 10 lakh hectares ultimately.
Aug 18, 2021, 17:13 PM IST
Blending of Mustard oil prohibited, oil can’t be sold loose – Check FSSAI's new rules on edible oil effective from June
Domestic retail edible oil prices have shot up over 60 per cent in the last one year. And the government recently said the abnormal increase in rates was in line with the global market and the prices are expected to cool down soon.
Jun 09, 2021, 13:43 PM IST
Centre holds meeting to discuss ways to ensure availability of edible oil at reasonable prices
Notably, the production and domestic availability of oilseeds in India falls way short of the needs of domestic demand for edible oil. A big volume of edible oil is imported each year.
May 24, 2021, 20:22 PM IST
