mustard oil price
edible oil price: The Center on Monday hoped that retail prices of edible oils would soften after the release of imported stocks stuck in wait for clearance at the port.
New Delhi: In view of the fast rising oil prices in the country, the government has made a special plan. Under this plan, prices of edible oils can be seen to fall. The government hopes that with this plan, edible oil will soon become cheaper. The Center on Monday hoped that retail prices of edible oils would soften after the release of imported stocks stuck in wait for clearance at the port. According to government figures, the retail prices of edible oils have increased by 55.55 per cent in a year. Due to this, the problems of the consumer already facing the crisis created by the Kovid-19 epidemic has increased further. In response to a question about the steps taken to increase the prices of edible oils, Food Secretary Sudhanshu Pandey said that the government is closely monitoring the prices. Also read: PM Kisan: Government transferring 2000 rupees to farmers’ account! Check the status of your account in this way Secretary gave informationThe Secretary said that the oil industry has recently mentioned that some stocks are stuck at Kandla and Mundra ports due to delay in clearance related to tests being carried out by various agencies in the form of general risk analysis in view of the Kovid situation. “This problem has been resolved with the Customs and Food Safety and Standards Authority of India (FSSAI) and as soon as this stock is released in the market, we will get the price of edible oils,” he said in a virtual press conference. It is expected to make an impact. ” 75 thousand crore rupees every year
The secretary said that the country is dependent on imports to meet the shortage of edible oil. Annually, edible oils worth 75,000 crore rupees are imported into the country. According to government data, on May 8 this year, the retail price of vegetable has increased by 55.55 per cent to Rs 140 per kg, compared to Rs 90 per kg in the same period a year ago. Palm oil price Similarly, the retail price of palm oil has gone up by 51.54 per cent to Rs 132.6 per kg, from Rs 87.5 per kg earlier, soya oil has risen 50 per cent to Rs 158 per kg from Rs 105 earlier, while mustard oil 49 per cent increased to Rs 163.5 per kg, which was earlier at Rs 110 per kg. Also read: If you don’t have a JanDhan account, get your old account converted as well, you will get many special features Prices of peanuts also increased The retail price of soybean oil has also gone up by 37 per cent to Rs 132.6 per kg during the period, from Rs 87.5 per kg earlier, while groundnut oil has risen by 38 per cent to Rs 180 per kg, from Rs 130 per kg earlier.