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Food Ministry has raised price for open sale of wheat; 10 lakh tonnes allotted

01 Sep 2012 Evaluate

The Food Ministry has raised the price for the wheat under the open market sale scheme to Rs 1,285 a quintal from Rs 1,175 last month. Buyers will have to pay freight charges from Ludhiana. The centre has allocated 13 lakh tonnes (lt) of wheat for sale in the open market during September-October to bulk consumers. Out of this, it has set aside 3 lakh tonnes as reserve with the FCI for allocation to non-wheat procuring states.

The country has produced a record 93.9 million tonnes of wheat and has obtained a record 38 million tonnes. The remaining quantity, one-third is being held back by growers as seed. 10 lakh tonnes have been exported and the rest is being held back either by traders or producers.

Uttar Pradesh has got the highest allocation of 2.10 lt, followed by West Bengal at 1.33 lt and Rajasthan at 1.12 lt. The allocation of wheat 10 lt upset flour mills in South India. Mills in Puducherry have not got a single grain allocated and the rest have totally been allocated about 40,400 tonnes.

FCI Chairman, the Food Ministry has said that Andhra Pradesh has been allocated 3,532.66 tonnes, Karnataka would be given 9,149.19 tonnes. Kerala has got 20,000 tonnes and Tamil Nadu 17,000 tonnes. However, Karnataka had got a higher allocation of over one lakh tonnes during July-August.

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