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Mother Dairy on Thursday said it has cut prices of soybean and rice bran oil by up to Rs 15 per litre. A day earlier, the government had directed edible oil companies to pass on the benefits of the fall in global cooking oil prices to consumers. Mother Dairy, one of the leading milk suppliers in Delhi-NCR, sells edible oils under the Dhara brand. The company said, “Giving the benefit of the government’s decision to the consumers, we have reduced the MRP of Dhara Soyabean Oil and Dhara Rice Bran Oil by Rs 15 per liter, which will be available in the market by next week.”
Sunflower oil prices also expected to fall
A reduction in the MRP (Maximum Retail Price) of sunflower oil is expected in the next 15-20 days. On June 16, Mother Dairy had reduced the prices of its cooking oil by up to Rs 15 per liter in line with the softening of prices in the global markets. The government on Wednesday directed edible oil manufacturers to cut the maximum retail price (MRP) of imported cooking oils by up to Rs 10 per liter within a week and maintain the same MRP of the same brand, amid fall in global prices. was.
Ban on export of flour and flour from July 12
The Indian government has now banned the export of many things including flour and maida. It was approved on Thursday. The Directorate General of Foreign Trade (DGFT) said in a notification on July 6 that now for the export of flour, it will be necessary to take approval from the Inter-Ministerial Committee on Wheat Exports. Earlier in May, the government had banned the export of wheat. But since then the export of flour and maida suddenly increased, due to which this decision has been taken. The new decision will be implemented from July 12. Between July 6 and 12, only those exports will be allowed, which have either been loaded on the ship, or have been handed over to the customs.