Divya Delhi: The government forbids edible oil processors from raising retail prices. To suit local demand, India imports massive amounts of edible oils. Over half its needs come from imports. Recently, the government told edible oil processors not to hike retail prices. This instruction followed import duty increases. There were concerns that corporations might hike edible oil prices. The government said the firm has enough low-tariff edible oil. The Ministry of Food has indicated that lower-tariff edible oils may persist 45–50 days. They prevented corporations from raising The Maximum Retail Price.Food Secretary Sanjeev Chopra met with SEA, IVPA, and SOPA officials on September 17 to discuss pricing tactics. In an official statement, “The leading edible oil associations were advised to ensure that the MRP of each oil is maintained till the availability of edible oil stocks imported at zero and 12.5% Basic Customs Duty (BCD) and take up the issue with their members immediately.”