Thursday, June 26, 2008

Edible oils to be distributed through ration shops

by Jenny Hodge

Edible oils will be available at subsidised rates through ration shops in fifteen Indian states from the next month.

The federal Indian government has introduced a scheme for distribution of 1 million tonnes of imported edible oils in 2008-09 at a subsidy of Rs. 15 ($0.37) per kg. through State Governments at the rate of 1 kg. per ration card per month.

PSUs have already contracted import of 179,000 tonnes of edible oils for the purpose.

Out of this, 100,000 tonnes of edible oils have been shipped to Indian ports.

The 15 States who have desired to participate in the scheme are Andhra Pradesh, Chhattisgarh, Gujarat, Himachal Pradesh, Jammu & Kashmir, Madhya Pradesh, Maharashtra, Meghalaya, Nagaland, Orissa, Rajasthan, Sikkim, Tamil Nadu, Tripura and West Bengal.

These State Governments have been allocated oil by the Department of Food & Public Distribution. PSUs have started giving packed edible oil to the States.

It is expected that regular distribution of oil to ration cardholders will begin by next month.

The availability of edible oils in the country from domestic sources is less than the demand and the deficit is being met by imports.

The import dependence on edible oils has been 34% to 39% of the total consumption of edible oils in the country during the last three years.

There was unprecedented rise in international prices of edible oils in the last two years.

This has also affected domestic prices.

The scheme for distribution of edible oils through ration shops will provide relief to the poorer sections of society besides ensuring steady availability of edible oils to these people.

 

 

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