City
Epaper

Import allowed under open general licence to keep edible oil prices under control

By ANI | Updated: March 30, 2022 23:45 IST

In order to improve the domestic availability and keep prices of edible oils under control, the Government of India has extended the "free imports" of refined palm oils till December 2022, Union Minister of State for Consumer Affairs, Food and Public Distribution Sadhvi Niranjan Jyoti said on Wednesday.

Open in App

In order to improve the domestic availability and keep prices of edible oils under control, the Government of India has extended "free imports" of refined palm oils till December 2022, Union Minister of State for Consumer Affairs, Food and Public Distribution Sadhvi Niranjan Jyoti said on Wednesday.

In a written reply to a question in the Lok Sabha, the minister said India imported 62.84 lakh metric tonnes (LMT) of palm oil from June 2021 to 14th March 2022.

"In order to improve the domestic availability and to keep prices of edible oils under control, the Government has allowed import of edible oils under Open General Licence (OGL)," the minister said.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: indiaSabhaIndiUk-indiaRepublic of indiaIndia indiaGia indiaIndia eu
Open in App

Related Stories

MumbaiViral Sighting of Tesla Cybertruck Near Mumbai Stirs EV Enthusiasm (Photos)

NationalPM Narendra Modi Discusses Tech and Innovation Collaboration With Elon Musk

NationalTahawwur Rana Extradition: Pakistan Distances Itself From 26/11 Accused After Arrival in India

NationalIndia Expands Rafale Power: Rs 64,000 Crore Deal Cleared for Navy Fighter Jets

NationalHeatwave in India: Maharashtra, Gujarat Experience Unbearable Night and Day Time Temperature, Bengaluru Likely to Witness Rain

Business Realted Stories

BusinessCentre notifies new rules for GST Appellate Tribunal

BusinessBoult Audio’s net profit declines by 37 pc in FY24, revenue up 41 pc

BusinessIndia’s steel industry poised for global growth, focus on FTAs and self-reliance: Piyush Goyal

BusinessIAS Gurukul Sociology Optional by Pranay Aggarwal Programme Delivers Outstanding Results in UPSC CSE 2024

BusinessYugen Infra Brings Captivating Offers for Stakeholders at the Goa Biggest Property Expo in Delhi NCR