Centre Slashes Reserve Price Of Wheat To Reduce Flour Price

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New Delhi: In order to reduce the price of wheat and atta, the Department of Food & PD, in consultation with Ministry of Finance, has decided to lower the reserve price for sale of wheat.

The wheat under OMSS will be Rs 2350/Qtl (Pan India) for FAQ and Rs. 2300/Qtl (Pan India) for URS wheat of all crops including RMS 2023-24 without adding any transportation cost component. This will help supply of wheat to general public in different part of the country at a reasonable price.

In addition, the States may be allowed to purchase wheat from FCI for their own scheme at above reserve prices without participating in e-auction.

Further, the rate of wheat has been reduced to Rs. 21.50/Kg for sale to NCCF/NAFED/ Kendriya Bhandar/State Govt. Cooperatives/ Federations etc. as well as community kitchen /charitable/NGO etc engaged in relief operations/ running relief camps for migrant labourers/vulnerable groups.

This concessional rate for NCCF/NAFED/ Kendriya Bhandar/State Govt. Cooperatives/ Federations etc. will be applicable with the stipulation that they will convert wheat to atta and offer it to public at an MRP not exceeding Rs 27.50/Kg.

The meeting of Committee of Minister under chairmanship of Home Minister Amit Shah, was held on January 25 to review the prices of essential commodities.

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