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Wheat Price: Wheat will be cheaper amid rising inflation! Government’s big step to provide relief to the common man

Modi Govt: If you are troubled by the ever increasing price of wheat, then this news will definitely give you relief. Yes, the common man is going to be relieved by the inflation of wheat in the coming times. For the purpose of overcoming the price of wheat, the government is considering extracting 15-20 lakh tonnes of wheat from FCI warehouse ( FCI Godown). This non-eating wheat from FCI warehouse is expected to be brewing flour mills adi under the Open Market Sales Scheme ( OMSS ). Government sources gave information about this.

Rate of flour reached at Rs 37.25
According to the Ministry of Consumer Affairs ( Consumer Affairs Ministry ), the retail price of wheat on December 27 was Rs 32.25 per kg. This is much more than Rs 28.53 per kg with a period of one year ago. The price of wheat flour has increased to Rs 37.25 from a year ago. A year ago it was at a level of Rs 31.74 per kg.

Supply motive
Under OMSS, the government periodically allows wholesale consumers and private traders to open market wheat and rice bicry ki lia indian food corporation ( FCI) is. Its purpose is to boost supply according to seasonal demand and reduce the price rising in the open market. Sources have reported that the Ministry of Food ( Food Ministry ) has introduced an OMSS policy for the year 2023 in wheat and icing.

15-20 lakh tonnes of grain will be released
Under this policy, 15-20 lakh tonnes of grain is expected to be released from the side of LI FCI of wholesale customers. Sources have said that the rate of wheat to be released from FCI will be, its rate has not been decided yet. An other source also claims that the government has sufficient wheat, due to which wheat will be released under OMSS.

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The possibility of a new crop of wheat in the coming season is also giving better the ikhai. This time the cultivation has increased against the last year. After FCI wheat in the open market, the price is likely to decrease. As of 5 December, around 180 lakh tonnes of wheat and 111 lakh tonnes of rice were available in the central pool.

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