Edible oil prices may reduce by Rs 8-12 per litre as govt meets industry body
According to sources, the industry body has offered to further reduce the MRP of edible oils and consumers can expect lower edible oil prices in the coming days.
The Central government on Friday convened the second meeting with the leading Oil Producers Association to discuss further cut in edible oil prices. The meeting comes amidst the fall in global prices.
According to sources, the industry body has offered to further reduce the MRP of edible oils and consumers can expect lower edible oil prices in the coming days.
Reduction in edible oil prices is expected to further drive down inflation.