National

Will take action against edible oil hoarders: Consumer Affairs Minister

Our Bureau Mumbai | Updated on January 07, 2020 Published on January 07, 2020

Ram Vilas Paswan, Union Minister of Consumer Affairs

The Union Consumer Affairs Minister, Ram Vilas Paswan has tweeted that his ministry would be taking action against edible oil hoarders.

In a tweet from his official handle @irvpaswan, the minister said “Edible oil prices have risen in few months, though the prod. of oil seeds and quantity of imported edible oil in current year is more than previous year. It shows that hoarders are creating artificial scarcity for speculation. We are serious and going to take necessary action,” he said.

 

Published on January 07, 2020
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.