The government assures that prices of key agricultural commodities will remain stable during the festive season. Prices of all major agricultural commodities wheat, rice, edible oil, sugar, pulses and vegetables will not see any sharp rise during the upcoming festive season. The proposal for easing restrictions on exports of white rice and parboiled rice is under consideration and the decision will come ai an appropriate time.
The government has asked edible oil companies to not pass on the burden of increased import duty till the current stock lasts as it was shipped on lower duty. The government implemented an increase in the basic customs duty on various edible oils to support domestic oilseed prices. The demand of sugar industry for increasing minimum selling price is in process and a decision will be taken at an appropriate time.
Presentation – Dibyabharati Nayak
