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The soaring prices of edible oils is hitting the common man. The subsidy of Rs 15, recently announced by the Finance Ministry, is no solution to this grave problem. The area under oil seeds cultivation has come down drastically. It is time policy-makers, growers and academicians addressed this issue. Prices of both pulses and edible oils have been soaring without any check for several years now.

The overall farm productivity, particularly that of pulses and oil seeds, has come down. Urgent action must be taken instead of resorting to short-term subsidy on the final product and imports.

H. K. Lakshman Rao Chennai

More Stories on : Letters | Oilseeds & Edible Oil

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