Govt to stop sale of loose edible oil after May 31

Economic Reporter :
To ensure quality edible oil for consumers, the government has decided to stop the sale of loose soybean oil after 31 May. It has also directed authorities to cease the sale of non-bottled palm oil after 31 December.
“Only bottled or packeted soybean and palm oil will be allowed to sale in retail shops,” Commerce Minister Tipu Munshi said on Wednesday while speaking with the reporters at the Secretariat.
The decision was taken in an inter-ministerial meeting held at the Secretariat on keeping the commodities prices in check during the month of Ramazan.
“It is not possible to ensure that non-bottled oil will be sold at a fixed price. Therefore, edible oil will be sold in a softly-packaged system. The Commerce Ministry is working with the Industries Ministry to ensure the packaging systems,” Tipu Munshi said. The minister noted that the government rejected the new proposal of hiking edible oil prices from some of the businessmen.
He also said, the government will take stern action against dishonest businessmen who are illegally stocking and hoarding edible oils.
The minister further told to control the unusual price situation, law enforcement and intelligence agencies, deputy commissioners, consumer rights protection department,
competition commission and other agencies have been instructed to conduct drives in the market.
Earlier on 8 December, 2021 Food Minister Sadhan Chandra Majumder also announced to stop sale of loose soybean oil. He urged the concerned stakeholders not to mix palm with soybean oil.
Finally the ministry took the initiative to stop sale of loose soybean oil to the consumers.