Edible oil sector seeks revision of weightage in WPI
February 22, 2021
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With the change in the consumption pattern of edible oils over the years, stakeholders are seeking revision of weightage for edible oil in WPI (wholesale price index).
According to Solvent Extractors’ Association (SEA) of India, the current per capita consumption of edible oil is estimated between 16.5 and 17.5 kg per annum. According to it,
Gujarat and Maharashtra have a higher level of per capita consumption compared to developing States. Similarly, people from rich and upper middle class consume much larger quantum of oils and fats when compared to poorer sections of society.