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New Delhi : The Department of Food and Public Distribution (DFPD), GoI, will be speaking to all States/UTs on October 25, 2021, through video conferencing to review the action taken on the stock limit order on edible prices. In a letter written to all states by Secretary DFPD, Sudhanshu Pandey, the Department has outlined initiatives taken by the Centre to ease prices of Edible Oils for relief of consumer and keeping the festive season in mind.
The DFPD is monitoring the prices of edible oils and there availability to the consumers. This is especially important to the context of the upcoming festival season in which demand of edible oils will increase. Various steps have already been taken by the government like based on the interaction with all the states and edible oil industry associations, stock disclosure notification has been issued and DFPD has created a web portal to monitor the stock of edible oils/oilseeds on a weekly basis in the country, according to a PIB release.
Demand and consumption of edible is different for the different states/UTs as per the preference of the consumers. However, for finalising the stock limit quantity of edible oils and oilseeds, the states/UTs may consider/explore the previous stock limit imposed for edible oils and oilseeds by them. It may be considered that any stakeholder (refiners, miller, wholesaler etc.) should not hold the stocks in excess two months of the storage capacity.