InvestorQ : Why has government asked edible oil units to cut prices?
Tisha Malhotra made post

Why has government asked edible oil units to cut prices?

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Aashna Tripathi answered.
1 month ago
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Government has directed edible oil manufacturers to cut the maximum retail price (MRP) of imported cooking oils by Rs10 per litre to bring about parity. Imported brands are trading at a premium to domestic brands and the government wants that gap to be eliminated. Even the Ministry of Consumer Affairs is aware and tracking progress.

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