City
Epaper

Despite Guj govt claims, edible oil prices rose by more than 60%

By IANS | Updated: March 7, 2022 21:55 IST

Gandhinagar, March 7 The BJP government in Gujarat on Monday claimed that due to the stringent measures by ...

Open in App

Gandhinagar, March 7 The BJP government in Gujarat on Monday claimed that due to the stringent measures by the government, the prices of edible oil are under control for the last two years, despite Covid situation. But the figures released by the government in the state assembly tell a different story.

Replying to a question by Congress MLA Geniben Thakor, Food, Civil Supplies and Consumer Affairs Minister Naresh Patel said there were several factors like shortage of labour, procurement of raw material, transportation issues during the Covid-19 pandemic, due to this there was a price hike in the international market for edible oils. However, the various steps taken by the Indian government kept the prices under control.

The Minister informed that at the national level, the Indian government gradually lowered taxes on imported edible oil like soyabean oil, palm oil and sunflower oil and by October 2021 it was reduced to 'Zero'. Moreover, the refined palmolein oil was removed from the 'Prohibited' category to 'Free' category. Other than that, the central government announced the constitution of National Edible Oil Mission, which will prove to be significant step in making India self reliant and increase the production of oilseeds in the country.

But government claims apart, the price of one litre of groundnut oil in January 2020 was Rs 107 which rose to Rs 149 by December 2020 and then to Rs 164 a litre by December 2021. Similarly, the price of groundnut oil of 15 kg can was Rs 1,555 in January 2020 which soared to Rs 2,171 by December 2020 and then to Rs 2,349 by December 2021.

Likewise the price of 1 litre cottonseed oil was Rs 87 in January 2020 which jumped to Rs 104 by December 2020 and later to Rs 152 by December 2021. Similarly, the price of cottonseed oil of 15 kg can was Rs 1,263 in January 2020 which rose to Rs 1,512 in December 2020 and then to to Rs 2,193 by December 2021.

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: Naresh Uttam PatelbjpindiaGandhinagarCongress MlaIndiUk-indiaRepublic of indiaIndia indiaGia indiaIndia eu
Open in App

Related Stories

NationalBihar: Nitish Kumar Likely to Resign Tomorrow, Suspense Over Next Chief Minister Continues

MaharashtraBMC Elections 2025: Devendra Fadnavis Says Clarity on Seat-Sharing Will Emerge in Two Days

NationalBihar Assembly Election Results 2025: Tejashwi Yadav Retains Raghopur Seat, Defeats BJP's Satish Kumar by 14,532 Votes

MumbaiMumbai: Scuffle Breaks Out Between Shiv Sena UBT and BJP Workers Outside Taj Lands Hotel (Watch Video)

NationalBihar Assembly Election Results 2025: Sattu Parathas Prepared at BJP Headquarters in Delhi as Counting Begins

Politics Realted Stories

NationalBJP Candidate Satish Kumar Leading Over Tejashwi Yadav in Raghopur Assembly Constituency

NationalBihar Assembly Election Results 2025: Tejashwi Yadav Leads, Tej Pratap Trails in Early Trends

NationalTarn Taran Assembly By-Election 2025: 23.05% Voter Turnout Recorded Till 11 AM in Punjab By-Poll

MaharashtraWho Is Akshaya Naik? Shetkari Kamgar Paksha Named Mayoral Candidate of Alibag

NationalMumbai: BJP Workers Protest Outside Abu Asim Azmi’s Home Over Vande Mataram Row