Edible oil companies cut edible oil prices by 30 to 40 yen: Food Secy

The large edible oil companies have reduced the maximum retail price (MRP) of their products from ??30 to 40 to come to the aid of those troubled by the rising prices, said Sudhanshu Pandey, secretary of the Food and Public Distribution Department.

“All the big brands made a big drop in edible oil prices just yesterday. This was cut from ??30 to ??40 on the MRP and was traded with the new MRP. Now supply will be available with the new MRP, which will benefit customers, ”Sudhanshu told ANI.

“The aim was to provide immediate benefits to customers. Instructions have been given to state governments to take the necessary steps to implement the new MRP,” he added.

Counting the department’s accomplishments in 2021, Pandey said, “This year we crossed the 50 crore mark in One Nation One Ration Card in portability transactions. During the COVID-19 period, we crossed approximately 43 crore in transactions. That in itself. is a great achievement “.

“Also in Assam, out of 34,000 electronic point of sale (e-pos) devices, 13,000 e-pos have been installed. We hope that in the next two months the states of Assam and Chhattisgarh will be included in One Nation, One Ration Card and the whole country will join this program during this fiscal year, ”he added.

At the same time, while referring to Pradhan Mantri Garib Kalyan Anna Yojana, he said that “decisions have been taken at the highest level during the pandemic period. The Prime Minister’s announcement to move PMGKAY forward has far-reaching effects. People will continue to receive an additional ration in addition to the ration they are receiving from the NFSA. For this reason, there will be no shortage in any part of the country. “

Pandey also informed that “the ambitious central government plan for the ethanol blend is being worked out very quickly and its positive results are coming out. He said we have seen 62% growth in the blend. ethanol this year. This is the highest on record. Currently we have gone from 5 to 8 percent. This year, we are aiming to reach 10 percent. This will have an impact on farmers, the environment and will also save currency “.

This story was posted from an agency feed with no text editing. Only the title has been changed.

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Steve R. Hansen