Temperature 25.05 C New Delhi, IN
Sunday, April 14, 2024
No Image

Trade Body Asks Govt to Exempt Edible Oils from Storage Control

New Delhi: Solvent Extractors’ Association of India (SEA), edible oil industry body, has sent a memorandum to Consumer Affairs, Food and Public Distribution Minister Ram Vilas Paswan to exempt oilseeds and vegetable oils from the Storage Control Order for free market and movement.

 

“We have been making appeal and representations to the government that in current situation Storage Control Order has become irrelevant and lost its utility,” SEA executive director B V Mehta said. .

 

“We have requested the government to exempt the domestic edible oilseed processors or traders from the purview of stock limit for oilseeds and oils,” Mehta said.

 

According to Mehta, SEA has sent a memorandum to Consumer Affairs, Food and Public Distribution Minister Ram Vilas Paswan to exempt the oilseeds and vegetable oils from the Order for free market and movement.

 

The government under Storage Control Order 1977, has imposed the stock limit on oil and oilseeds and amended from time to time, the SEA said.