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Center to discuss measures taken by states to check prices of edible oil

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The government has called a meeting with the states on October 25 to keep an eye on the prices of edible oil.

With the continuous increase in the prices of edible oil and the beginning of the festive season, the Food and Public Distribution Department will hold a meeting with all the states on October 25 to review the steps taken to implement the stock limit order on the commodity.

Food Secretary Sudhanshu Pandey has written to all the states informing them about the various measures taken to check the rising prices of edible oil to provide relief to the people.

With the demand for the commodity increasing due to the festive season, the government is regularly monitoring the prices as well as its availability to the consumers, and earlier the stock disclosure notification was issued to avoid hoarding across the country.

Monday’s meeting with states is also a step towards ensuring that there is adequate supply of edible oils as the festive season progresses.

The Center has also created a web portal for monitoring the stock of edible oils in all the states on a weekly basis, apart from issuing the notification to the states to disclose the stock.

Since the demand and consumption of edible oil varies from state to state, states have been given an option to consider the previous stock limit while providing the information on the portal.

Also, millers and stockholders have been asked not to keep stock for more than two months of storage capacity.

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