People are suffering due to the price of edible oils and onion-tomatoes, know how long you can get relief

The Central Government has called a meeting of the states on October 25 regarding the issue of inflation of edible oils. In this meeting, the implementation of the decision to fix stock limits on edible oils will be reviewed.

Apart from the inflation of petrol and diesel, the inflation of edible oils and onions has broken the back of the people. The price of tomatoes has also started touching the sky in the retail market. Although the central government says that the price of onions is less than last year, there has been a ban on the increase in the price of edible oils.

States meeting convened on October 25

The Central Government has called a meeting of the states on October 25 regarding the issue of inflation of edible oils. In this meeting, the implementation of the decision to fix stock limits on edible oils will be reviewed. All states have been asked to take strict steps to ensure stock limits.

Center made this claim

The central government has claimed that due to the steps taken by it, the prices of edible oils and onions have remained stable. According to the Union Food Secretary Sudhanshu Pandey, the government has prepared a buffer stock of 2 lakh tonnes of onions, out of which about 81,000 tonnes have been provided to the states. 

According to the food ministry data, the retail price of onion was Rs 55 per kg on October 21 last year, while it stood at Rs 41 per kg on October 21 this year. According to the Food Secretary, the new crop of onions will start coming in the market from next month, due to which the prices will start falling. 

Regarding edible oils, Food Secretary Sudhanshu Pandey said that the government has taken several steps to reduce the price of edible oils, like abolishing import duty, fixing stock limits and increasing the production of oilseeds. He claimed that gradually its effect is also visible, but in the coming months its full effect will also be visible in the form of fall in the prices of edible oils. He said that by February next year, the prices of edible oils are expected to reach the normal level. 

In the data released by the Union Food Ministry, it has been said that the price of edible oils has stabilized to a great extent in the last one month. For example, the retail price of mustard oil was Rs 184 per liter on October 14, which was Rs 185 per liter on October 21. However, on September 21, the retail price of mustard oil was Rs 180 per litre. Whereas on October 21 last year, its price was Rs 128 per liter.

The Food Ministry says that due to the increase in the price of soybean and palmolein oil, including crude palm oil, in the international market, the price of edible oils has increased so much. For example, the price of crude palm oil was $ 747 per ton on October 21 last year, which has gone up to $ 1357 per ton on October 21 this year.

News is originally taken from: https://www.abplive.com/news/india/government-says-prices-of-edible-oil-and-onion-come-to-come-down-from-february-ann-1986178