Government Sells 2.85 Lakh Tonnes of Wheat, 5,000 Metric Tons of Rice in Open Market Sale Scheme
Two lakh 85 thousand tonnes of wheat and over five thousand metric tons of rice have been sold to bidders under the Open Market Sale Scheme. As a part of government initiative for market intervention to control the retail price of rice, wheat and Atta, weekly e-auctions are organized. Consumer Affairs Ministry said, additional two lakh 50 thousand tonnes of wheat has been allocated to Semi-Government and cooperative organizations like Kendriya Bhandar, NAFED under the Open Market Sale Scheme. They will convert allocated wheat to atta and sale to the public under the brand Bharat Atta at 27 rupees 50 paise per kilogram. The Ministry said, the traders are kept out from the ambit of wheat sale under this scheme. It said, more than one thousand eight hundred random checks have been made across the country to avoid hoarding of stocks.
