Lok Sabha Question No. 1283 (UNSTARRED), answered on 2022-12-14
Subject: Steps to Control Edible Oil Prices
Ministry: CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION
Asked by: Deepak (Dev) Adhikari

## GOVERNMENT OF INDIA MINISTRY OF CONSUMER AFFAIRS, FOOD & PUBLIC DISTRIBUTION

## DEPARTMENT OF FOOD AND PUBLIC DISTRIBUTION

## LOK SABHA UNSTARRED QUESTION NO.1283

## STEPS TO CONTROL EDIBLE OIL PRICES

1283. SHRI ADHIKARI DEEPAK (DEV):

Will the Minister of CONSUMER AFFAIRS, FOOD AND PUBLIC be pleased to state:

- (a)
- the steps taken by the Government to control the Edible Oil prices; and
- (b) the details of prices of edible oil in the last five years in the Country, month-

## ANSWE R

- wise?

MINISTER OF STATE FOR MINISTRY OF RURAL DEVELOPMENT AND CONSUMER AFFAIRS; FOOD & PUBLIC DISTRIBUTION

(SADHVI NIRANJAN JYOTI)

- (a) In order to control the prices of edible oils in the Country; the Government has taken the following measures:
- Central Government has cut the basic on Crude Palm Oil, Crude Soyabean Oil and Crude Sunflower Oil from 2.5% to Nil: The Agri-cess on these Oils has been brought to 5% .This duty has been extended 31st March, 2023. duty upto
- Sunflower Oil has been on Refined Palm Oils has been reduced from 17.5% to 12.5%. This duty has been extended upto
- The basic on Refined Soyabean oil and Refined slashed to 17.5% from the current 32.5% and the basic 31st March, 2023. duty duty
- The Government has extended the free import of Refined Palm Oils for a period
- 31.12.2022. upto
- In order to ensure the smooth availability of edible oils and oil-seeds in the country, Department of Food and Public Distribution has imposed stock limits on Edible Oils and Oilseeds vide Order dated 8th October, 2021 and 03rd February 2022. An amended Order "The Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Second Amendment) Order, 2022" has been notified on 3Oth March 2022, which has come into force from April 2022 for a period 31st December 2022. Further, vide notification dated 02nd November 2022, wholesalers and big chain retailers have been exempted from the Stock Limit Order: upto
- In its latest initiative to ease the prices of edible oils and provide relief to the consumers, the Government has issued Notification for allocation of Tariff Rate Quota (TRQ) for import of 20 LMT of Crude Soyabean Oil and 20 LMT of Crude Sunflower Oil for the financial year 2022-23 and 2023-24 at zero import duty and zero Agriculture Infrastructure and Development Cess (AIDC):
- The month-wise details of prices of edible oil (wholesale and retail) in the
- (b): Country in the last five years and current year is Annexed.

Oils

Groundnut

Oil

Packed)

Mustard Oil

(Packed)

Vanaspati

Soya

(Packed)

Oil

(Packed)

Sunflower

Oil (Packed)

Palm Oil

Packed)

Oils

Groundnut

Oil (Packed \_

Mustard Oil

(Packed)

Vanaspati

(Packed)

Soya

Oil

(Packed)

Sunflower

Oil

Packed)

Palm Oil

Packed)

Jan-17

135.42

110.58

77.7

86.3

94.46

71.27

Jan-1 8

126.97

106.58

79.18

87.48

94.25

72.95

Feb-17

133.84

110.06

77.79

86.45

94.06

7141

Feb-1&

106.49

78.95

87.76

93.98

73.45

Mar-

17

133.46

109.65

77.72

86.17

93.73

70.76

Mar-

18

126.44

105.67

79.56

88.42

94.34

76.08

17

Apr-

1333

107.6

2

77.35

85.27

93.21

69.63

Apr-

18

126.4

6

105.1

80.11

88.8

95.16

77.77

May-] 7

152.76

106.9

77.26

84.77

92.76

69.63

May-1 8

125.82

105.18

80.46

89.29

95.43

78.26

Jun-

17

131.6

9

105.8

8

77.27

84.11

92.36

Jun-

18

124.8

4

105.4

80.42

89.23

95.82

78.22

Jul-17

131.0

4

105.5

9

77.23

83.86

92.26

68.69

Jul-} 8

124.6

106.2

80.9

90.01

97.15

78.34

17

Aug

129.8

7

104.7

9

77.07

84.08

68.9

Aug-

18

124.4

6

105.9

8051

89.8

97.61

77.85

17

Sep-

128.4

8

105.1

84.41

92.57

69.7

Sep-

18

124.9

8

106.2

5

80.74

89.81

97.71

77.06

Oct-17

127.82

105.56

77.87

85.21

92.55

70.59

Oct-18

125.47

106.06

81.14

90.08

98.04

77.27

ANNEXURE REFERRED TO IN REPLY TO PART (b) OF THE UNSTARRED QUESTION NO.1283 DUE FOR ANSWER ON [4.12.2022 IN THE LOK SABHA REG. STCPS TO CONTROL EDIBLE OIL PRICES.

## AIL India Monthly Average Retail Prices (Source: Department of Consumer Affairs)

Unit: (Rs IKg )

Nov-

17

Dec-17

127.65

105.55

78.92

85.43

93.15

71.72

Nov-

18

125.74

106.92

81.18

90.65

98.23

76.77

127.32

106.63

79.13

86.61

93.79

73.01

127

107.99

80.68

90.84

97.8

75.87

| Oils                   |   Jan-19 | Feb-19   |   Mar- 19 |   19 Apr- |   May-19 |   Jun- 19 |   Jul-19 |   19 Aug |   19 Sep- |   Oct-19 | Nov- 19   |   Dec-[9 |
|------------------------|----------|----------|-----------|-----------|----------|-----------|----------|----------|-----------|----------|-----------|----------|
| Groundnut Qil (Packed) |   126.17 | 126.85   |    127.24 |    126.6  |   127.95 |    129.05 |   129.74 |   130.29 |   1313    |   133.96 | 134.66    |   135.5  |
| Mustard Oil (Packed)   |   108.35 | 109.41   |    108.81 |    108.3  |   108.52 |    109.15 |   109.53 |   108.64 |    109.65 |   111.19 | 112.52    |    13.67 |
| Vanaspati (Packed)     |    80.56 |          |     80.84 |     80.53 |    80.25 |     79.64 |    79.25 |    79.36 |     79.64 |    80    |           |    83.41 |
| Soya Oil (Packed)      |    91.21 | 91.64    |     92.08 |     91.84 |    92.23 |     92.31 |    92.06 |    92.01 |     92.57 |    92.51 | 93.15     |    94.03 |
| Sunflower Oil (Packed) |    98.14 | 98.3     |     98.56 |     98.75 |    99.31 |     99.32 |    99.52 |    99.59 |    100.9  |   101.25 |           |   102.44 |
| Palm Oil (Packed)      |    75.8  |          |     76    |     75.02 |    75.27 |     74.72 |    74.61 |    75.02 |     76.05 |    75.92 | 78.32     |    82.4  |

| Oils                   |   Jan-20 |   Fcb-20 |   Mar-20 |   Apr-20 | May-20   |   Jun-20 |   Jul-20 | Aug- 20   |   Sep-20 |   Oct-20 |   Nov-20 |   Dec-20 |
|------------------------|----------|----------|----------|----------|----------|----------|----------|-----------|----------|----------|----------|----------|
| Groundnut Oil (Packed) |   137.07 |   136.94 |   137.77 |   143.8  | 146.56   |   147.96 |   149.25 |           |   150.49 |   152.99 |   154.22 |   157    |
| Mustard Oil (Packed)   |    17.13 |   117.74 |   116.98 |   117.95 | 1i8.25   |   119.94 |   122.09 | 124.48    |   126.45 |   128.63 |   132.66 |   137.66 |
| Vanaspati (Packed)     |    86.91 |    88.7  |    88.12 |    89.93 | 90.48    |    90.96 |    90.84 | 91.38     |    93.31 |    94.9  |    98.17 |   103.19 |
| Oil (Packed) Soya      |    98.35 |    99.36 |    98.06 |   101.07 |          |   101.04 |   101.78 | 102.2     |   103.97 |   104.91 |   107.31 |   112.62 |
| Sunflower Oil Packed)  |   106.04 |   107.58 |   106.07 |   109.6  | 110.87   |   111.61 |   112.86 | 113.15    |   117.75 |   121.8  |   123.7  |   128.99 |
| Palm Oil (Packed)      |    88.77 |    89.93 |    87.21 |    89.26 | 88.27    |    88.49 |    89.53 | 91.13     |    94.2  |    94.95 |    98.76 |   105.05 |

| Oils                   | Jan-21   | Feh-21   | Mar-21   |   Apr-21 |   May-21 |   Jun-21 |   Jul-21 | 21 Aug-   |   Sep-21 |   Oct-21 | Nov-21   |        |
|------------------------|----------|----------|----------|----------|----------|----------|----------|-----------|----------|----------|----------|--------|
| Groundnut Oil (Packed) | 161.86   | 163.46   | 166.59   |   170.66 |   175.66 |   178.89 |   178.04 | 178.07    |   180.69 |   182.32 | 181.43   | 181.48 |
| Mustard Oil (Packed)   | 144.2    | 144.88   | 150.38   |   155.39 |   165.76 |   170.68 |   170.05 | 172.28    |   179.29 |   184.83 | 186.35   | 186.62 |
| Vanaspati (Packed)     | 11.06    |          | 119.37   |   124.85 |   129.03 |   132.57 |   132.73 | 134.2     |   136.28 |   137.71 | 138.84   | 138.32 |
| Soya Oil (Packed)      |          | 124.9    |          |   138.78 |   149.39 |   152.59 |   150.82 | 153.32    |   155.14 |   155.02 | 153.26   | [50.59 |
| Sunflower Oil (Packed) |          | 143.7    | 153.43   |   161.27 |   170.34 |   173.12 |   171.03 | 17L.1     |   170.69 |   169.15 | 166.27   | 163.85 |
| Palin Oil (acked)      | 112.03   | 113.78   | 119.97   |   124.7  |   132.11 |   132.33 |   129.6  | 131.87    |   132.69 |   132.89 |          |        |

| Oils                   |   Jan-22 |   Feb-22 |   Mar-22 |   Apr-22 |   May-22 |   Jun-22 |        |   22 Aug- |   Sep-22 |   Oct-22 |   Nov-22 |
|------------------------|----------|----------|----------|----------|----------|----------|--------|-----------|----------|----------|----------|
| Groundnut Oil (Packed) |   179.83 |   179.44 |   185.47 |   188.56 |   191.82 |   191.85 |        |    190.41 |   191.3  |   191.58 |   192.14 |
| Mustard Oil (Packed)   |   185.12 |   189.24 |   191.6  |   189.18 |   189.41 |   186.48 | 183.01 |    180.89 |   177.55 |   174.48 |   176.38 |
| Vanaspati (Packed)     |   137.53 |   140.82 |   151.6  |   157.34 |   163.96 |   164.97 | 159.08 |    153.26 |   150.24 |   146.34 |   145.14 |
| Soya Oil (Packed)      |   147.58 |   148.09 |   160.05 |   165.66 |   171.37 |   169.7  | 163.94 |    159.02 |   155.34 |   152.7  |   156.64 |
| Sunflower Oil          |   161.52 |   161.7  |   175.92 |   183.38 |   189.12 |   188.98 | 184.87 |    182.24 |   178.76 |   175.7  |   177.65 |
| Palm Oil (Packed)      |   128.14 |   131.44 |   146.34 |   149.9  |   155.37 |   151.84 | 142.1  |    137.99 |   129.96 |   123.28 |   122.54 |

## AII India Monthly Average Wholesale Prices (Source: Department of Consumer Affairs)

| Oils                   | Jan-[7   |   Feb-17 |    Mar-7 |   Apr-17 |   May-[7 |   Jun-[7 | Jul-17   |   Aug-17 | Sep-17   |   Oct-17 |   Nov-17 |   Dec-17 |
|------------------------|----------|----------|----------|----------|----------|----------|----------|----------|----------|----------|----------|----------|
| Groundnut Oil (Packed) | 12639.82 | 12505.3  | 12479.8  | 12517    | 12480.5  | 12414    | 12287.5  | 12199.2  | 12087.37 | 12026.8  | 12030.3  | 12023.4  |
| Mustard Oil (Packed)   |          | 10048.8  | 10062.3  |  9875.53 |  9792.91 |  9692.99 | 9586.82  |  9532.3  | 9642.85  |  9678.36 |  9687.66 |  9794.14 |
|                        | 7139.16  |  7156.39 |  7132.01 |  7089.42 |  7064.2  |  7073.44 | 7051,25  |  7040.58 | 7081.75  |  7113.03 |  7239.04 |  7292.48 |
| Soya Oil               | 7968.45  |  7969.47 |  7938.64 |  7856.82 |  7779.25 |  7729.7  |          |  7715.5  | 7813.5   |  7862.17 |  7926.02 |  8020.61 |
| Sunflower Oil (Packed) | 8856.74  |  8793.01 |  8753.16 |  8700.91 |  8643.46 |  8615.35 | 8576.8   |  8574.82 | 8592.14  |  8550.74 |  8621.47 |  8723.09 |
| Palm Oil (Packed)      | 6680.24  |  6686.18 |  6592.35 |  6477.8  |  6436.09 |  6425.8  | 6376.73  |  6376.18 | 648-.88  |  6568.63 |  6672    |  6787.95 |

| Oils                   |   Jan-]8 |   Feb-1 8 |   Mar-] 8 | Apr-1 8   |   May-1 8 |   Jun-[8 |   Jul-[8 |   Aug-18 |   Sep-18 |   Oct-1 8 |   Nov-1 8 |          |
|------------------------|----------|-----------|-----------|-----------|-----------|----------|----------|----------|----------|-----------|-----------|----------|
| Groundnut Oil (Packed) | 11964.9  |  11945.7  |  11883.5  | 11874.74  |  11821.8  | 11701.9  | 11675.3  | 11688.5  |  1724.32 |  11677.3  |  11697.3  | 11831.2  |
| Mustard Oil (Packed)   |  9802.58 |   9777.48 |   9684.34 | 9646.8    |   9662.75 |  9706.7  |  9790.49 |  9760.1  |  9770.05 |   9738.22 |   9813.33 |  9903.06 |
|                        |  7314.38 |   7275.38 |   7375.45 | 7440.93   |   7447.86 |  7440.57 |  7509.08 |  7459.07 |  7478.84 |   7508.99 |   7508.49 |  7451.13 |
| Oil (Packed) Soya      |  8102.7  |   8122.28 |   8225.47 | 8296.83   |   8339.85 |  8351.67 |  8420.25 |  8403.96 |  8404.62 |   8426.62 |   8458.74 |  8446.81 |
| Sunflower Oil (Packed) |  8773.89 |   8736.61 |   8791.36 | 8897.27   |   8908.08 |  8969.42 |  9087.58 |  9147.09 |  9169.09 |   9153.54 |   9218.39 |  9205.16 |
| Palm Oil (Packed)      |  6807.99 |   6857.9  |   7093.83 |           |   7314.27 |  7333.5  |  7329.67 |  7290.88 |  7215.35 |   7241.01 |   7184.46 |  7108.66 |

| Oils                   |   Jan-19 |   Feb-19 |   Mar-19 |   Apr-19 | May-[9   |   Jun-19 |   Jul-19 |   Aug-[9 |   Sep-19 |   Oct-19 |   Nov-19 | Dec-19   |
|------------------------|----------|----------|----------|----------|----------|----------|----------|----------|----------|----------|----------|----------|
| Groundnut Oil (Packed) | 11728.7  | 11821    | 11876.9  | 11855.6  | 12019.24 | 11966.5  | 12010    | 12051.7  | 12205.7  | 12424.9  | 12505    | 12615.08 |
| Mustard Oil (Packed)   |  9875.76 |  9960.87 |  9914.4  |  9901.58 | 9939.73  |  9964.96 | 10032.4  |  9992.05 | 10115.7  | 10202    | 10341    | 10452.85 |
| Vanaspati (Packed)     |  7443.81 |  7500.24 |  7460.4  |  7429.72 |          |  7309.68 |  7276.17 |  7288.17 |  7330.07 |  7346.95 |  7460.17 |          |
| Soya Oil (Packed)      |  8491.84 |  8531.98 |  8570.97 |  8544.18 | 8553.89  |  8546.72 |  8582.09 |  8636.96 |  8692.6  |  8678.7  |  8721.24 | 8808.02  |
| Sunflower Oil (Packed) |  9222.03 |  9275.17 |  9262.31 |  9283.43 | 9293.91  |  9295.93 |  9327.1  |  9386.91 |  9479.42 |  9529.49 |  9576.81 | 9634.5   |
| Palm Oil (Packed)      |  7107.39 |  7189.09 |  7162.8  |  7067.08 | 7078.3[  |  7017.16 |  6999.83 |  7023.89 |  7126.95 |  7155.37 |  7382.29 | 7777.56  |

| Oils                   |   Jan-20 | Feb-20   | Mar-20   |   Apr-20 | May-20   | Jun-20   |   Jul-20 |   Aug-20 |   Sep-20 |   Oct-20 |   Nov-20 |   Dcc-20 |
|------------------------|----------|----------|----------|----------|----------|----------|----------|----------|----------|----------|----------|----------|
| Groundnut Oil (Packed) | 12803.5  | 12851.16 | 12941,03 | 13401.7  | 13716.94 | 13888.28 | 14066.5  | 14076.3  | 14166.6  | 14335.7  | 14419.7  | 14710.8  |
| Mustard Oil (Packed)   | 10764.3  | 10841.81 | 10792.54 | 10876    | 10872.99 |          | 11304.2  |  1546.82 |  1755.9  | 11925.8  | 12336.1  | 12870.9  |
| Vanaspati (Packed)     |  8036.43 | 8207.62  | 8157.14  |  8368.05 | 8400.81  | 8399.35  |  8384.99 |  8410.6  |  8625.34 |  8770.85 |  9121.74 |  9580.43 |
| Oil (Packed) Soya      |  9213.16 | 9248.66  | 9179.68  |  9439.47 | 9484.43  | 9451.49  |  9514.74 |  9538.11 |  9739.28 |  9835.99 | 10063.7  | 10592.7  |
| Sunflower Oil (Packed) |  9964.7  |          | 9961.46  | 10247.7  | 10290.08 | 10368.83 | 10469    | 10512.1  | 10910.4  |  1348.15 | 11526.4  | 12035.1  |
| Palin Oil (Packed)     |  8386.07 | 8497.03  | 8237.08  |  8420.21 | 8251.[   | 8304.88  |  8370.97 |  8518.48 |  8831.7  |  8925.92 |  9345.09 |  9911.88 |

| Oils                   | Jan-21   | Fcb-21   | Mar-21   |   Apr-21 |   May-21 | Jun-21   | Jul-21   |   Aug-21 |   Sep-21 |   Oct-21 | Nov-21    |   Dcc-21 |
|------------------------|----------|----------|----------|----------|----------|----------|----------|----------|----------|----------|-----------|----------|
| Groundnut Oil (Packed) | 15155.77 | 15298.64 | 15536.46 | 15917.4  |  16579.7 | 16749.56 | 16643.78 |  16732.3 |  17083   |  17212.8 | 17126.89  |  17106.4 |
| Mustard Oil (Packed)   | 13265.42 | 13486.87 | 13944.67 | 14526.5  |  15557   | 16051.75 | 15991.75 |  16206.8 |  16912.4 |  17388.9 |           |  17537.1 |
| Vanaspati (Packed)     | 10276.14 |          | 10928.67 | 11473.2  |  12083.8 | 12288.42 |          |  12432.6 |  12615.1 |  12773.4 | 12831,.79 |  12851.5 |
| Oil (Packed) Soya      | 11337.22 | H732.48  | 12318.15 | 13129.6  |  14160.6 |          | 14224.65 |  14484.1 |  14565.8 |  14530.3 | 14334.32  |  14014.1 |
| Sunflower Oil (Packed) | 12975.96 | 13585.46 |          | 15311    |  16141.3 | 16353.04 | 16071.13 |  16135   |  16150.9 |  16030   | 15807.33  |  15592.9 |
| Palm Oil (Packed)      |          |          | 1334.87  |  1842.84 |  12667.7 | 12476.54 | 12101.87 |  12443.8 |  12481.3 |  12457.1 | 12335.65  |  12248.2 |

| Oils                   |   Jan-22 | Feb-22   |   Mar-22 |   Apr-22 |   May-22 | Jun-22   |   Jul-22 | Aug-22   | Sep-22   |   Oct-22 |   Nov-22 |
|------------------------|----------|----------|----------|----------|----------|----------|----------|----------|----------|----------|----------|
| Groundnut Oil (Packed) |  16861.7 | 16880.21 |  17577.6 |  17865.1 |  18202.8 | 18225.94 |  18230.7 | 18174.08 | 18202.17 |  18195.2 |  18275.2 |
| Mustard Oil (Packed)   |  17309.6 | 17695.79 |  17986.6 |  17847.3 |  17851.9 | 17516.96 |  17168.3 | 16945.27 | [6587.21 |  16286.2 |  16492.1 |
| Vanaspati (Packed)     |  12753.4 |          |  14203.2 |  14799.6 |  15327.6 | 15285.11 |  14657.5 |          | 13746.33 |  13349.2 |  13263.7 |
| Oil (Packed) Soya      |  13728.6 | 13936.85 |  15125.4 |  15723.7 |  16218.9 | 15995.34 |  15328.9 | 14883.53 | 14485.99 |  14240.5 |  14643.5 |
| Sunflower Oil (Packed) |  15340.6 | 15387.84 |  16744.6 |  17459.2 |  18032.4 | 17925.1[ |  17539   | 17302.63 | 16921.24 |  16656.2 |  16888.9 |
| Palin Oil (Packed)     |  12107.9 | 12462.3  |  13892   |  14206.4 |  14737.4 | 14391.35 |  13343   | 13020.25 | 12100.9  |  11462.8 |  11401.8 |