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GS Paper 2: Topics Covered: Effects of policies of developed nations. Context: Due to stringent measures by the government, prices of edible oil have been control for the last two years, despite the Covid situation. However, the war in Ukraine has driven the prices of many commodities northwards including the edible oil prices. …
GS Paper 3 Topics Covered: Major crops cropping patterns in various parts of the country. Edible oil prices Context: The prices of most major cooking oils have dropped and stabilised across the country in the run-up to Diwali. Reasons for the drop in prices: Stabilisation of global prices. Duty cuts. Cut in wholesale prices …
General Studies-3 Topics Covered: Major crops cropping patterns in various parts of the country. Context: Edible oil prices are likely to reduce by December as international commodity futures show a declining trend and the production of domestic oilseed crops. Recent Rise in the prices of Edible Oil: Last year, the retail prices of …
