Wheat will be sold in open market to control prices: Food Secretary

By
Stock position of wheat and rice in the central pool is comfortable even after meeting the requirements of the seventh phase of Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY), he said. "We also have a surplus for market intervention if the need arises," he added. Pandey allayed concerns over wheat price increase, saying the rise is in tune with the increase in its minimum support price (MSP) and other costs such as transportation.

from Agriculture-Economy-News-Economic Times https://ift.tt/7XPeNyp

Comments

Post a Comment

Popular AgriNews

Govt to increase procurement of tur dal to tame prices

By
The government plans to significantly increase tur dal procurement from a few metric tonnes to 8-10 lakh metric tonnes to control prices amid reduced acreage and expected low production. Tur dal retail prices rose over 40%, from Rs 112 to Rs 158 per kg. Despite efforts to boost imports by removing import duty on tur, retail inflation in pulses surged to 18.79% YoY in October. from Agriculture-Economy-News-Economic Times https://ift.tt/9Es3D16
Read more

India's year-on sugar production till January 15 lags by 5.28%

By
Expecting a fall in India's sugarcane production due to drought conditions in Maharashtra and Karnataka, India has banned use of sugar syrup and B-heavy molasses for ethanol. However, despite the sugar production being lower than previous year, citing 'reports', the ISMA has now claimed that the sugar production is likely to be higher than expected earlier. from Agriculture-Economy-News-Economic Times https://ift.tt/sre8uKY
Read more