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    Home » Will get relief from inflation! Wheat became cheaper by Rs 8 due to this move of FCI

    Will get relief from inflation! Wheat became cheaper by Rs 8 due to this move of FCI

    WNIBy WNIMarch 17, 2023 National No Comments3 Mins Read
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    FCI has sold more than 33 lakh metric tonnes of wheat so far. This has reduced the prices of wheat in the retail market.

    The price of wheat has come down in the retail market.

    Image Credit source: Representative Photo

    wheat and flour price rise The effect of the decision taken by the Food Corporation of India to rein in is now visible on the ground. Due to this the price of wheat has come down. being told in the retail market Wheat The price has come down. In fact, in the month of January there was a sudden increase in the price of wheat and flour. Due to this, food and drink had become expensive. In such a situation, the Food Corporation of India decided to sell wheat in the market itself through e-auction.

    According to the information, FCI has sold more than 33 lakh metric tonnes of wheat so far. Due to this, the prices of wheat in the retail market have come down by Rs 6 to 8 per kg. The special thing is that this fact has been confirmed by the President of Roller Mill Federation S Pramod Kumar himself. He has said that after selling wheat by FCI, the price of flour has come down. Due to this, flour has become 32 to 35 rupees per kg.

    There was a sudden increase in the price of wheat in January.

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    Let us inform that there was a sudden increase in the price of wheat in January. Flour had also become expensive due to this. The rate of flour, which was sold at Rs 30 to 35 per kg, had gone up to Rs 40 to 45 per kg. Due to this, bread had disappeared from the plate of the general public. In such a situation, there was pressure on the central government regarding inflation. After this, FCI started e-auction of wheat. This put a brake on inflation.

    Wheat procurement will start in Madhya Pradesh from March 25

    At the same time, the central government says that there is no possibility of the rising heat affecting the wheat crop. In such a situation, there is no need to worry about the farmers. The Center has predicted that there could be a good production of wheat this year. According to him, production of 108-110 lakh metric tonnes of wheat is estimated. At the same time, the price of wheat will remain above the MSP. Let us tell you that the news came out this morning that wheat procurement will start in Madhya Pradesh from March 25. Apart from this, wheat procurement will start from April 1 in other states including Punjab, Haryana and Uttar Pradesh.

    Source: www.tv9hindi.com”

    agriculture news agriculture news in india wheat Wheat Crisis wheat prices
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