Kitchen Budget Safe: Cheaper Cooking Ahead as New Oil MRPs Roll Out – Details Here

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Cooking Oil Prices to Drop: New MRP on Bottles from May 31

आने वाले दिन आम आदमी की जेब के लिए बहुत राहत भरे होने वाले हैं.

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News18•24-02-2026, 13:56

Cooking Oil Prices to Drop: New MRP on Bottles from May 31

•Government slashes import duty on crude palm, soybean, and sunflower oil from 20% to 10%.
•India imports 70% of its edible oil, making this tax cut crucial for domestic prices.
•New reduced rates effective from May 31; expect lower oil prices in markets by early June.
•Union Ministry of Consumer Affairs is monitoring refineries and processing plants to ensure benefits reach consumers.
•Major oil companies have begun reducing prices, with further cuts expected as new stock arrives.

Read Full Article on News18 in Hindi

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Cooking Oil Prices to Plummet: Government Halves Import Duty, Relief for Consumers

Cooking Oil Prices to Plummet: Government Halves Import Duty, Relief for Consumers

The central government has cut import duties on crude cooking oils from 20% to 10%, lowering the overall tax burden and expected to reduce prices nationwide from May 31.

Cooking Oil Prices to Drop as Centre Slashes Import Duty Nationwide

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