India / Edible oil prices to reduce says Finance Min Nirmala Sitharaman in Bengaluru

Just like petrol and diesel, cooking oil is also on fire in the country. The prices of mustard to refined oil are at record levels. However, Finance Minister Nirmala Sitharaman said on Friday that the prices of edible oils will come down soon. He has also given the reason for the rise in prices.

The Finance Minister said in Bengaluru, "India's dependence on edible oils is very high. Due to the production of oilseeds, the price of edible oils in the country increased. The import of crude and refined palm oil, which was stopped last year, has been resumed. This will bring down the prices of edible oils.