Modi govt meeting over edible oil price: Center to hold meeting with states to review edible oil reserves
- The Center will hold a meeting on October 25 to review the action taken by the states on its order of limiting stock storage.
- State Governments and Union Territories were asked to fix stock limits on edible oils and oilseeds keeping in view their available stock and consumption pattern.
Edible Oil Price: The Center on Sunday said that keeping in mind the increase in demand during the festive season, it is keeping a watch on the prices of edible oils and holding a meeting on October 25 on its order to limit the stockpiling of the states. Will review the action taken by
Significantly, on October 10, the Center had imposed a storage limit on traders of edible oils and oilseeds till March 31, except for a few importers and exporters, to control domestic prices and provide relief to consumers.
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State governments and Union Territories were asked to fix stock limits on edible oils and oilseeds, taking into account their available reserves and consumption patterns. According to an official statement, the Department of Food and Public Distribution will hold a meeting with all states and union territories on Monday, October 25, 2021, through video conferencing.
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