Centre asks edible oil industry to maintain prices amid duty hike on imports

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The leading edible oil associations were advised to ensure that the MRP of each type of oil is maintained until stocks imported at 0% and 12.5% BCD are exhausted.. ...

The government has advised edible oil associations to maintain the minimum retail price (MRP) of oil until the availability of edible oil stocks imported at 0% and 12.5% Basic Customs Duty (BCD)...

The Secretary of the Department of Food and Public Distribution (DFPD) chaired a meeting with representatives from the Solvent Extraction Association of India (SEAI), the Indian Vegetable Oil Producers Association (IVPA), and the Soybean Oil Producers Association (SOPA) today to discuss pricing strategies...

Previously, following meetings held by the department with leading edible oil associations, the MRP of oils such as sunflower oil, soybean oil, and mustard oil had been reduced by the industry...