IVPA Urges Members to Cut Retail Edible Oil Prices as Duty Relief Seeks to Ease Consumer Pressure
The Indian Vegetable Oil Producers’ Association has asked its members to reduce retail prices of edible oil and begin sharing weekly price disclosures, signalling closer industry alignment with the government’s effort to pass on the benefit of recent duty cuts to consumers. The move comes as policymakers seek to temper food inflation and improve household affordability in a category that remains highly sensitive to import costs and global commodity swings.
