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Govt sell 2,75,936 MT Bharat Atta, 2,96,802 MT Bharat Dal at subsidized rates

08 Feb 2024 Evaluate

The government has sold 2,75,936 MT of Bharat Atta, 2,96,802 MT of Bharat Dal (Chana) and 3,04,40,547 kilogram of Onion to general consumers at subsidized rates, in a bid to save them from the steadily rising food prices. Government has also launched retail sales of rice under ‘Bharat’ brand at an MRP not exceeding Rs 29 per Kg for general consumers.

Meanwhile, to moderate the prices of atta, 6 LMT of wheat at Rs 21.50 per kg has been allocated for Semi-Government and cooperative organizations like Kendriya Bhandar, National Cooperative Consumers’ Federation of India (NCCF) and National Agricultural Cooperative Marketing Federation of India (NAFED) under the Open Market Sale Scheme [OMSS{D}] for converting to atta and offering it for sale to the public under ‘Bharat Atta’ brand at an MRP (Maximum Retail Price) not exceeding Rs 27.50 per kg. Bharat Atta is being sold at a Maximum Retail Price not exceeding Rs 27.50 per Kg which is lower than the all India average retail prices of Atta.

The Department of Food and Public Distribution has directed Food Coprporation of India (FCI) to keep the effective issue price of wheat to NAFED/NCCF/Kendriya Bhandar for Bharat Atta at Rs 1715 per quintal after allowing a subsidy of Rs 435 per quintal from Price Stabilisation Fund (PSF) on existing reserve price of Rs 2150 per quintal. As on January 01, 2024, the Stock of wheat and rice in Central Pool was 163.53 lakh MT and 181.76  lakh MT respectively which are above the buffer stocking norms.

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