May 4, 2023 8:57 PM

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Decline in price of edible oil should be passed on to consumers expeditiously: Secy Dept of Food & Public Distribution

<span style="color: #222222;">Secretary of the Department of Food and Public Distribution Sanjeev Chopra has instructed that a decline in the price of edible oil should be passed on to consumers expeditiously. Some companies which have not reduced their prices and whose MRP is higher than other brands have also been advised to reduce their prices. <br />''<br />''The Department of Food and Public Distribution today reviewed edible oil prices in a meeting with stakeholders. During the meeting, the Industry informed that the global prices of different edible oils have fallen by 200 to 250 US dollars per tonne in the last two months, but it will take time to reflect in the retail markets and the retail prices are expected to come down shortly.</span><br />

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