The Hindu Business Line : 24 States, UTs sign up for new edible oil supply scheme

New Delhi, Aug. 4 The Centre has allocated 93,400 tonnes of edible oil a month to 24 States and Union Territories under its newly launched scheme for subsidised distribution of imported RBD palmolein and soybean oil.

Of the 93,400 tonnes of monthly allocation, the lion’s share has gone to Andhra Pradesh (20,750 tonnes), followed by Maharashtra (18,200), Tamil Nadu (15,500), Orissa (6,800), Karnataka and Madhya Pradesh (6,000 each), Chhatisgarh and Uttar Pradesh (4,500 each), West Bengal (4,000), Delhi (1,850) and Himachal Pradesh (1,400 tonnes.

The scheme, launched late last month, envisages distribution of 10 lakh tonnes of imported edible oil, with the Centre providing a flat subsidy of Rs 15 a kg to State Government on the quantities lifted by them. The Centre would, in the process, incur an expenditure of Rs 1,500 crore. In case States want to make available oil still cheaper, they would have to foot the additional subsidy themselves.

As on July 30, the public sector trading companies -- MMTC, PEC, STC and Nafed -- have contracted imports of 259,950 tonnes in the current fiscal. Out of this, 135,395 tonnes have landed on Indian ports, 39,196 tonnes have been packed in pouches and 37,000 tonnes handed over to various States as per their demand, according to Krishi Bhawan officials.

The Centre is planning to launch a similar scheme for subsidised distribution of pulses imported by parastatals.

The proposed scheme is likely to be cleared in the next meeting of the Union Cabinet, the officials added.

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