The Central government had released Rs.80.10 crore under the programme for the last financial year. The State government has given administrative sanction for release of a total of Rs 133.50 crore including the State's share of Rs.53.40 crore under the same head.
The government on Friday directed the edible oil industry to cut retail prices of the essential commodity by Rs 8 to Rs 12 with immediate effect in the light of the fact that international rates have sharply fallen in the last two months
Hyderabad: The domestic vegetable oil industry is pegged at Rs 2.5 lakh crore. The sector has seen huge volatility this year. High oil and oilseed prices, which normally would be a stimulus for increased production, became a challenge in terms of managing the consumer inflation, Indian Vegetable Oil Producers’ Association President Sudhakar Desai tells Telangana […]
Hyderabad: Ahead of the festive season, prices of edible oil are coming down. Edible oils had seen prices touch new highs in the last few months. The prices are now heading down as the imports, which were impacted by the Russia-Ukraine war, are back on track. For instance, sunflower oil, which was selling at around […]
Hyderabad: Riding on Telangana Government’s push to alternate crops like palm and oil seeds, Hyderabad-based Gemini Edibles and Fats India has decided to set up an integrated edible oil manufacturing plant in Telangana with Rs 500 crore in about 50 acre. It will have a 1,000 tonne per day capacity, said Pradeep Chowdhry, Managing Director […]
