New Delhi, Jun 16 (UNI) The government on Wednesday said that prices of edible oil has begun to come down, citing data from the Department of Consumer Affairs.
The ministry of consumer affairs in a statement also said it is working on a series of mid- and long-term measures to resolve the issue of high prices of edible oil on a permanent basis.
It sought to explain that the prices of edible oil are dependent on a complex set of factors including international prices and domestic production. As the gap between domestic consumption and production is high, the country has to import a significant amount of edible oil.