Supplyco scraps subsidised half litre coconut oil packets, asks consumers to buy one litre


Representative Image | Photo: AFP

Thiruvananthapuram: The Kerala Civil Supplies Corporation has officially stopped the sale of subsidised half-litre coconut oil packets. With this, a consumer must buy the packet of 1 litre to get the oil at the subsidy rate. Only half-litre of oil in the packet will get the subsidy. It is confirmed that the half-litre packet sold for a much lesser rate will not be available in any outlets of Supplyco.

The restriction is to cope with the financial constraints faced by Supplyco due to the lack of subsidy given by the government for the past three years.

Supplyco used to sell the half-litre packet of oil for Rs 46 because it had a subsidy. However, only the half-litre packets were sold, and the 1-litre packets remained in stock. Observing this, Supplyco halted the sale of the half-litre packet and asked the consumers to purchase a one-litre packet for getting half-litre oil at a subsidised rate.

With the revision in the policy, Rs 138 must be paid for a litre combining the subsidy rate of Rs 46 and the normal rate of Rs 92. In the public market, a litre of coconut oil costs Rs 220 to 240.

Last April, 11,92,386 litres of oil were sold out in the subsidy category and in May it was 10,56,794 litres. However, in April only 89,309 litres of oil in the non-subsidy category were sold. By May, this dropped to 81,016 litres.

Earlier, Supplyco had asked the consumers to buy 5 kg of rice in the subsidy category and purchase 3 more kilograms of rice at market price.


Add Comment
Related Topics

Get daily updates from Mathrubhumi.com

Youtube
Telegram
Disclaimer: Kindly avoid objectionable, derogatory, unlawful and lewd comments, while responding to reports. Such comments are punishable under cyber laws. Please keep away from personal attacks. The opinions expressed here are the personal opinions of readers and not that of Mathrubhumi.