Govt to sell 30 lakh tonnes of wheat in open market.

New Delhi

The Centre on Wednesday announced sale of 30 lakh tonnes of wheat in the open market from its buffer stock to check rise in prices of wheat and wheat flour (atta).

The proposal to sell stocks in the open market was taken on Wednesday by a group of ministers, headed by Home Minister Amit Shah, to bring down the retail prices.


As per the government data, the average prices of wheat across major cities stood at `33.43 per kilogram on Wednesday, up from `28.24 per kg a year-ago.

Average prices of atta (wheat flour) stood at
`37.95 per kg as against
`31.41 per kg a year ago.

Comments

Post a Comment

Popular posts from this blog

PM Modi Takes Steps To Allow Yale, Oxford, Stanford To Open India Campuses.

Image
India has taken a step toward allowing leading foreign universities such as Yale, Oxford and Stanford to set up campuses and award degrees as part of an overhaul of the South Asian nation's higher education. Regulator the University Grants Commission on Thursday unveiled a draft legislation for public feedback that seeks to facilitate entry and operation of overseas institutions in the country for the first time. The local campus can decide on admission criteria for domestic and foreign students, fee structure and scholarship, according to the draft. The institutions will have the autonomy to recruit faculty and staff.  Prime Minister Narendra Modi's government is pushing to overhaul the country's heavily-regulated education sector to enable Indian students to obtain foreign qualifications at an affordable cost and make India an attractive global study destination. The move will also help overseas institutions to tap the nation's young population.  Even as I
Read more

Constructive co-operation coupled with trust and transparency is key to tap the trade potential of SCO Member States: Smt. Anupriya Patel.

Image
  SCO members must prepare and pursue an agenda that is equitable, inclusive and development oriented: Smt. Anupriya Patel. She underscored the importance of collective efforts to achieve balanced and equitable economic growth by way of making trade as an engine of reviving growth and driver of economic recovery.  She emphasised that trust and transparency determine the sustainability of global trade and preserving the fundamental principles and objectives of the multilateral trading system. She stressed on the need to work towards enhancing affordable access to medicines, therapeutics, vaccines as well as health care at affordable prices for fighting any pandemic, such as Covid-19 to preserve the life, livelihood, food and nutritional security of the poorest. MoS also highlighted that there is a significant gap in digital technologies between developed and developing countries which needs to be narrowed down by building digital capacities. She lauded the recent initiative of SCO, wher
Read more