In News:
The Department of Food and Public Distribution has amended the Vegetable Oil Products, Production and Availability (Regulation) Order, 2011 to strengthen data collection in the edible oil sector.Key Points:
- Legal Backing: Incorporates provisions under the Collection of Statistics Act, 2008.
- Purpose:
- Improve data on domestic production, imports, and stock levels.
- Enable timely policy interventions in the edible oil sector.
- Benefits:
- Enhances transparency and market intelligence.
- Supports evidence-based policymaking.
- Facilitates closer monitoring of production and stock positions.
- Ensures consistent availability of edible oils for consumers.
- Impact: Expected to benefit both consumers and industry stakeholders across the edible oil value chain.
Updated Aug 7 2025, 6:24 PM — Source: NewsOnAIR