Government on Sunday said India's edible oil position is comfortable despite ban on exports by Indonesia. Ministry of Consumer Affairs, Food and Public Distribution said the present stock of all edible oils in the country is approximately 21 Lakh Metric Tonnes. Approximately twelve LMT is in transit arriving this month. The Ministry said the country has sufficient edible oils to cover the lean period.
Soyabean production for the year 2021-22 at 126.10 LMT is higher than last year's production of 112 LMT. As a result of higher sowing of mustard seeds by 37 percent in all major producing states including Rajasthan as compared to last year, the production is likely to rise to 114 LMT in 2021-22.
Department of Food and Public Distribution is monitoring the price and availability situation. Meetings are held regularly with major edible oil processing associations to discuss further reduction in the domestic edible oil prices to give relief to consumers.