Wheat Price In India: The high prices of wheat and flour in the country have increased the tension of the central government. In many states, the price of wheat has reached Rs 40 to 50 per kg. At the same time, the central government wants to bring it around Rs 30 per kg. If the prices of wheat decrease, its effect can also be seen on the prices of flour. Due to this, the deteriorating household budget of the common people can also be managed. Regarding this, wheat sales have now started in different states.
22 lakh metric tonnes of wheat offered for sale on the first day
To control the prices of wheat, the Central Government has entrusted the responsibility to the Food Corporation of India. Wheat is being sold to big and small wheat traders through e-auction. On Wednesday, wheat was sold through the first e-auction in the open market from the level of EPFCI. Out of 25 lakh metric tonnes stock, 22 lakh metric tonnes of wheat was offered.
8.88 lakh metric tonnes of wheat sold
All small and big businessmen in the country are showing interest in wheat procurement. According to media reports, more than 1100 businessmen arrived to participate in the e-auction on the first day. Big and small bids were made from everyone’s level. On the first day, 8.88 lakh metric tonnes of wheat was sold in 22 states. It has been told that bidding is being done in Rajasthan on Thursday, whereas till the second week of March, wheat will be sold through e-auction across the country on Wednesdays.
Common people will get wheat at Rs 29.50 per kg
To control wheat prices, the central government will launch 30 lakh metric tonnes of wheat in the market. Out of this, 25 lakh tonnes will be given directly to the businessmen associated with the mill business. The Center has fixed Rs 2,350 per quintal for sale without e-auction to cooperative societies and federations like Kendriya Bhandar, NCCF and NAFED. At the same time, it will be given to the common man at the rate of Rs 29.50 per kg. NCCF can lift 50,000 MT of wheat stock in 7 states under this scheme.
Disclaimer: Some of the information given in the news is based on media reports. Farmer brothers, before implementing any suggestion, do consult the concerned expert.
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