With this move by FCI, prices of wheat decreased, providing relief to the general public 

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The average person has received relief in recent days because of the increasing cost of wheat and flour. The sale of wheat on the market for sale via FCI Food Corporation of India (FCI) can help lower the cost. FCI Food Secretary Sanjeev Chopra said that the selling of the wheat product by FCI to consumers who are bulk buyers in the market in open markets is helping to regulate the price of both wheat and flour on the Indian market. Of the 50 tons of wheat FCI is being asked to offer 45 lakh tons of wheat under the Open Market Sale Scheme (OMSS) to users who use bulk quantities on or before March 15.

wheat

The aim is to increase the availability of wheat in the country.

He said that this auction is taking place via weekly e-auction. Chopra informed the food ministers of the state that bidders had already raised lots of wheat. This is why the prices have dropped. The secretary explained that selling wheat under the OMSS program is to increase domestic availability and reduce the rise in prices. Concerning fine grains, the Secretary noted his guidelines on buying and distributing coarse grains have been updated.

wheat

Order to distribute coarse grains

States are being requested to purchase coarse grains and distribute the grains. If there are leftover millets the states are given the right to give them to states that do not have them. Chopra stated, “We have granted Karnataka to allow the Karnataka government to transfer surplus coarse grains to Kerala. We believe that over the next few years, we’ll be able to conduct large-scale procurement and distribution. The food ministers representing 10 states as well as union territories, which include Andhra Pradesh, Delhi, and West Bengal, participated in the gathering. A state Food Secretary was present at this conference.

wheat

Speaking at the conference The Union Minister of State of Food

Ashwini Kumar Choubey addressed. The measures are taken to manage prices and provide food to those in need. Selling wheat in the OMSS OMSS and the targeting of the procurement of wheat. As well as the procurement of coarse grain for programs for food. Also, fortified rice is a few important topics discussed at the conference.

Read More: Government employees will see a huge pay raise; old pension scheme will also be offered!

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