Edible oil prices have risen by up to 50% in one year

The modal (most common) retail price of edible oils have increased by 25% to 50% in the past one year. This has become a new headache for the government and sources said the issue is likely to come up for discussion at an inter-ministerial committee meeting this week. The data obtained from the price monitoring cell (PMC) of consumer affairs ministry shows that the modal price of packed groundnut oil has increased from Rs 120 per litre on March 9, 2020 to Rs 170 on Tuesday...
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