Question : PRICE OF EDIBLE OIL



(a) whether the prices of edible oil have shown a substantial rise despite good yield of oilseeds in the country during the current year;and

(b) if so, the details thereof and the reasons therefor along with the corrective steps taken in this regard?

Answer given by the minister


MINISTER OF THE STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF CONSUMER AFFAIRS, FOOD & PUBLIC DISTRIBUTION (PROF. K.V. THOMAS)

(a) No, Madam. The prices of major edible oils obtained from oilseeds such as Soyabean oil, Mustard oil, Groundnut oil and Sunflower oil have declined by 7.46%, 1.39%, 9.58% and 10.92% respectively, as on 31.01.2014 as compared to the last year.

(b) Does not arise, in view of (a) above.