Flour will be cheaper, the government has reduced the price of wheat

by Ana Lopez

The government has reduced the price of FCI wheat from Rs 23.50 to Rs 21.50 per kg for NAFED, NCCF and central storage.

The government has taken important steps to get rid of inflation. The day by day increase in the price of flour has disrupted the kitchen budget of the people, in such a situation the government has taken a big step in this direction. Let us tell you that despite the removal of Food Corporation of India (FCI) stock from the market, wheat prices are high. The central government has taken steps to improve this situation.

Wheat prices are high despite stock taking in the market by Food Corporation of India (FCI). In such a situation, the central government has decided to auction wheat at a price of Rs 2,350 per quintal for bulk customers through e-auction across India. Apart from this, the government has also removed the transportation fee.

Also Read : Your dream home will be ready at low cost, GST committee considers making cement cheaper, decision likely on February 18

Along with this, the government has reduced the price of FCI wheat from Rs 23.50 to Rs 21.50 per kg for Nafed, NCCF and Central Reserves.

Decrease in flour prices

Along with this, the government has reduced the price of FCI wheat for NAFED, NCCF and central storage from Rs 23.50 to Rs 21.50 per kg. These organizations were asked to convert the wheat into flour and sell it at a maximum retail price of Rs 29.50 per kg. Now they have been asked to sell this flour at Rs 27.50 per kg.

To increase domestic availability of pulses and stabilize prices, import of Tuwer and Udd has been kept in free category till 31-03-2024 and import duty on lentils has been reduced to nil till 31-03-2024. To prevent hoarding and restrictive trade practices in respect of Tuvar, the Government has issued a directive to all States and Union Territories to enforce stock disclosure by stockholders of Tuvar under the Essential Commodities Act, 1955 and to monitor and verify stocks.

Chickpea and moong stocks from the Price Support Scheme (PSS) and Price Stabilization Fund (PSF) buffers are continuously released in the market to control prices and are also supplied to states for welfare schemes.

Related Posts