Government's Ultimatum To Edible Oil Firm | Cut Oil Prices Within Week | Latest News

As per the latest news on Mirror Now, Edible oil prices are likely to be reduced by 10-15% soon as the government has asked manufacturers to reduce prices within a week.Amid a fall in worldwide prices, the public authority on Wednesday guided consumable oil producers to additional cut the MRP of imported cooking oils by Rs 10 for each liter in seven days, and keep a uniform MRP of a similar brand of oil the nation over. Edible oil producers had reduced costs by up to Rs 10-15 per liter last month and before that had likewise decreased the MRP following the worldwide market The development comes a month after the Ministry of Consumer Affairs, Food & Public Distribution said the wholesale prices and retail prices of edible oils such as vanaspati, soyabean oil, and sunflower oil have been decreased. Watch the complete video now to know more.#EdibleOil #MRP #PriceRise