New Delhi: The central authorities on Monday (May 24) held a meeting with all stakeholders to discuss ways to deal with the problem of stability of edible oil prices.
The dialogue was aimed at coordinating efforts to ensure the availability of edible oils at reasonable prices.
The meeting was attended by officers from the Department of Food & Public Distribution, Ministry of Agriculture, the Department of Consumer Affairs and officers of states together with Gujarat, Maharashtra, Madhya Pradesh and Tamil Nadu. Other stakeholders together with producers of edible oil seeds, millers, stockists and wholesalers have been additionally current.
“It was important to understand the issues that are contributing to price rise and discuss the same with all the stakeholders so that appropriate strategies can be formulated to address the issue of edible oil prices,” stated the Secretary of Food & Public Distribution Department.
Notably, the manufacturing and home availability of oilseeds in India fall means brief of the wants of the home demand for edible oil. An enormous quantity of edible oil is imported every year.
The central authorities stated that they have been involved about greater than a proportionate rise within the prices of edible oil in India as in contrast with the rise in worldwide prices of edible oil throughout the previous few months.
“The mission ‘Atmanirbhar Bharat’ requires the country to be self-sufficient in edible oils. Dependency of almost 60% on imports is not appropriate to the growth of edible oil industry in India,” the Secretary stated.
He added that the states and stakeholders from the enterprise facet should take all doable steps to soften the prices.
