Centre tightening noose around inflation to push mustard oil prices down from February: Food Dept
Zee News
The Central government is tightening the noose on rising inflation amid the ongoing festive season, aiming to tame the rising prices of pulses and edible oils.
New Delhi: The Central government is tightening the noose on rising inflation amid the ongoing festive season, aiming to tame the rising prices of pulses and edible oils. The Department of Food & Public Distribution, on Friday, said that the intervention of the central government along with the state government is cooling down commodity prices in India much faster than in other countries.
Secretary, Department of Food and Public Distribution, Sudhanshu Pandey said that international oil prices are rising due to the labour shortage in Indonesia and Malaysia. However, the prices of oil prices remain in control in India.
“Due to labour problems in Indonesia, Malaysia there has been a rise in international crude prices. Price of palm oil rising in the international market, but reducing in India,” Pandey said.
