INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The Centre on Tuesday announced the release of another 20 lakh tonnes of wheat from the stock held by Food Corporation of India
in the open market for sale through e-auction
This will be in addition to the ongoing sale of 30 lakh tonne of wheat under the open market sale scheme
In an official statement, the food ministry said the reduction in reserve price along with additional offloading of 20 lakh tonnes of wheat
will collectively help in reducing market price of wheat and wheat products for consumers
It said, Union food secretary Sanjeev Chopra held a meeting with FCI and the representatives of flour millers, associations, and atta and
suji product manufacturers on Tuesday to review the lifting of stocks auctioned by the FCI
He also advised the flour mills to bring down the prices of atta and other products in line with the reduction in market prices of wheat.The
ministry said after the announcement of the open market sale, the prices of wheat and atta have come down.
