Govt asks edible oil bodies to not hike retail prices
Mansi Agarwal, Published on Sep 17th, 2024
The government has asked various edible oil bodies to not hike MRP of soybean, sunflower, mustard and other edible oils till the availability of stocks imported at lower Basic Customs Duty (BCD). The stock imported at lower BCD would last for 45-50 days. Effective September 14, the BCD on several edible oils increased to support domestic oilseed prices.
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