BUSINESS
Mobile vans to ensure availability of 'Bharat Atta' for the people, says Ministry of Consumer Affairs.
The Indian government has taken steps to provide relief to citizens struggling with the rising cost of wheat flour. Kendriya Bhandar, NAFED, and NCCF will begin selling wheat flour at a fixed price of Rs 29.50 per kg, with the flour to be branded as "Bharat Atta" or any other suitable name. This move was announced at a meeting chaired by Food Secretary Sanjeev Chopra, where representatives of various organizations, including the Food Corporation of India, Kendriya Bhandar, and National Agricultural Cooperative Marketing Federation of India, discussed the progress of the Free Market Sale Scheme (OMSS).
Under OMSS, three million tonnes of wheat from the buffer stock are being offered to these institutions without e-auction, with one lakh tonnes each allocated to Kendriya Bhandar and NAFED, and 50,000 tonnes allocated to NCCF. The government aims to convert this grain into flour and sell it at the fixed price of Rs 29.50 per kg. This maximum retail price is lower than the current average all-India retail price of Rs 38 per kg, making it more accessible to the public.
India's domestic production is declining, which has led to an increase in the price of wheat and wheat flour. The common people will profit from the government's decision to regulate flour prices and offer a more inexpensive substitute, which will reduce some of the financial strain brought on by the price increase. The government's efforts to regulate the cost of essential goods will help maintain market stability and ensure their accessibility to the general public at affordable prices.
Read more | Finance minister's scheme offers 7.5 percent interest for women; banks face pressure to increase FD rates
BIG move by Gautam Adani: Adani group to invest Rs 2953844250000 to set up...
Meet richest footballer of 2024, not Cristiano Ronaldo, Lionel Messi, his net worth is…
Rs 200, Rs 500 in air! Guests climbs JCB to shower Rs 20 lakh at UP wedding procession, WATCH here
Pat Cummins's sarcastic reply to which Indian player can slot into Australia team, says...
'With Pakistan, the main issue...': India’s Ambassador at United Nations makes BIG statement
MoS Railways' big update on Kashmir to Delhi Vande Bharat Express, says PM Modi will...
How did Navsari's Dastur family get Tata surname? Know story behind Ratan Tata's family name
Upset over Donald Trump's win? You can move to THIS village offering USD 1 homes to Americans
Did Kriti Sanon just confirm her relationship with Kabir Bahia? Actress’ new post has fans convinced
Delhi air pollution: Government orders 50% of its employees to work from home
Shillong Teer Results TODAY November 20, 2024 Live Updates: Check lucky winning numbers
Delhi air pollution: Toxic smog chokes Delhi-NCR; AQI at 422
FPI inflows to bounce back India expected to attract USD 20-25 billion in FY25 Bank of Baroda
When AR Rahman talked about making adjustments after marrying Saira Banu: ‘I lost my…’
Bank Holiday November 2024: All banks to remain closed in THIS state today here's why
Bypolls 2024: 15 seats across Uttar Pradesh, Punjab, Kerala, Uttarakhand to vote today
Donald Trump attends launch of Elon Musk owned SpaceX’s Starship rocket in Texas
IAS officer's wife who 'eloped' with a gangster returns home; what happens next is bone-chilling
BGT: Jasprit Bumrah eyes Kapil Dev's elite record during India vs Australia Test series
Jharkhand Assembly Election 2024: Final phase of voting today, NDA, INDIA to fight for 38 seats
AR Rahman breaks silence on his separation from wife Saira Banu: 'Even the throne of God might...'
Meet India’s youngest female IAS officer, who cracked UPSC exam by self-study at 22, secured AIR...
'Kya baat hai': RJ Lucky mimics celebrities' voices to sing 'Mere Dhola 3.0', internet reacts, WATCH
India withdraws from Blind T20 World Cup in Pakistan due to...
‘Aiyyashi ka adda…’: Salman Khan’s farmhouse doesn’t belong to him but…
India beat Japan 2-0, to face China in final of Women's Asian Champions Trophy hockey
A gamble with radiation: The uncalculated risks of prolonged spaceflight
Roger Federer pens emotional tribute to Rafael Nadal ahead of his retirement
Dead man's eye goes missing at Patna hospital, doctors allege 'rats ate it off'
FIR against stand-up comic Yash Rathi for using derogatory words in his show at IIT Bhilai
How Zeenat Aman was instrumental in making Mithun Chakraborty a Bollywood hero to watch out for
Deepika Padukone, Ranveer Singh lease a new Mumbai apartment; monthly rent is whopping Rs...
Who is Mojtaba Khamenei, likely to take over as Iran's Supreme Leader?
Day before Maharashtra voting, BJP’s Vinod Tawde accused of distributing cash, poll body files case
When will ICC Champions Trophy 2025 schedule be announced? Know latest update here
BIG update on gold loans, RBI to soon bring this option to reduce lending gaps, it is...
Effective E-Commerce Promotion Strategies to Drive More Sales Revenue
Meet Shivraj, Aishwarya Rai's bodyguard, who earns more than CEOs, his whopping salary is...
Mahesh Babu subtly backs Nayanthara, Vignesh Shivan amid feud with Dhanush; here's how
Vladimir Putin to visit India says Russian government's spokesperson, official dates to be...
Vladimir Putin's BIG decision on nuclear weapons, threatens to use nukes against West if...
Virat Kohli’s bat being sold in Australia for THIS whopping price, watch video here
Apple quietly discontinues this popular iPhone accessory, once considered necessity, it is…
Air pollution: Delhi govt seeks centre's nod for artificial rain amid 500 AQI
Meet man, college dropout, youngest Indian on Hurun rich list at 21, his business is...
Cutting costs, boosting control: Viharika Bhimanapati's AI-powered ad-tech revolution
Viral video shows group of men stealing spotlight at wedding with their crazy dance moves
Moon Moon Sen's husband, Riya Sen and Raima Sen's father, Bharat Dev Varma, passes away in Kolkata
Dev Anand was 'desperately' in love with THIS superstar, got jealous when Raj Kapoor 'kissed' her
Shocking! Woman travelling from Kuala Lumpur found dead on Chennai-bound international flight
OpenAI in legal trouble: Delhi HC summons ChatGPT company over ANI copyright infringement allegation
This day that year: India’s heartbreaking loss to Australia in 2023 World Cup final
Centre acknowledges existential threats posed by big tech to digital news media and credible news
Sushmita Sen’s ex boyfriend Rohman Shawl breaks his silence on their relationship: ‘We are still…’
Did you know Nayanthara's real name is Diana? Here’s why she changed it