• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Centre To Offload 30 Lakh MT Wheat To Cool Down Prices

OMMCOM NEWS by OMMCOM NEWS
February 11, 2023
in Business, Nation

New Delhi: With a view to cool down the rising prices of wheat and atta, the government has decided to offload 30 lakh metric tons of wheat under Open Market Disposal Scheme (OMSS) and sales to state governments, Kendriya Bhandar, National Consumer Cooperative Federation (NCCF), National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED), State Cooperatives/ Federations etc., to cool down the prices of wheat and atta.

Union Minister of State for Consumer Affairs, Food and Public Distribution, Sadhvi Niranjan Jyoti, in a written reply to a question in Rajya Sabha on Friday, said that the government takes various steps from time to time to augment domestic availability and control increasing food prices.

These steps include releases from the buffer to cool down prices, imposition of stock limits, monitoring of stocks declared by entities to prevent hoarding, and also requisite changes in trade policy instruments like rationalization of import duty, changes in import quota, restrictions on exports of the commodity etc.

In order to manage the overall food security of the country and control the increasing prices of food grains, the Government amended the export policy of wheat from free to prohibited category on May 13, 2022 for restricting export of Indian Durum Wheat, and from July 12, 2022 the export of atta (wheat) is subjected to the recommendation of Inter-Ministerial Committee (IMC) on export of wheat.

To augment domestic availability and moderate the prices of pulses, import of tur and urad have been kept under ‘Free Category’ till 31.03.2024 and import duty on masur has been reduced to zero till 31.03.2024.

To prevent hoarding and restrictive trade practices in respect of tur the Government has issued a directive to all the states and UTs to enforce stock disclosure by stockholders of tur under the Essential Commodities Act, 1955 and to also monitor and verify the stocks.

Stocks of chana and moong from the Price Support Scheme (PSS) and Price Stabilisation Fund (PSF) buffer are continuously released in the market to moderate the prices and also supplied to the states for welfare schemes, said the reply.

 (IANS)

Tags: Food and Public Distribution
ShareTweetSendSharePinShareSend
Previous Post

White House Communications Director To Step Down

Next Post

Omicron Subvariant XBB.1.5 Prevalence Jumps To 75% In US

Related Posts

Nation

Delhi CM Rekha Gupta Takes Holy Dip At Har Ki Pauri After Completing 100 Days In Office

June 1, 2025
CBI
Nation

Delhi: CBI Arrests IRS Officer, Aide In Bribery Case

June 1, 2025
Nation

Bengal BJP Questions ‘Overnight Action’ Of Kolkata Police In Sharmishta Panoli Case

June 1, 2025
Nation

Law And Order In UP Deteriorating, Says Mayawati

June 1, 2025
Nation

No One Has Right To Take Life: Dhirendra Shastri Opposes Animal Sacrifice On Eid Al-Adha

June 1, 2025
Nation

Bihar Murder Mystery Solved; 16-Year-Old Killed By Her Lover

June 1, 2025
Next Post

Omicron Subvariant XBB.1.5 Prevalence Jumps To 75% In US

UN Continues Emergency Relief Operations In Quake-Hit Areas In Turkey, Syria

STF To Be Formed To Check Paper Leaks In Raj: Gehlot

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.