Russian wheat may shore up domestic stock
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Photo By Agrihunt
New Delhi: The Centre is considering import of 9 million tonnes of wheat from Russia via a government-to-government deal to augment domestic stocks amid rising prices, said people aware of the matter. The All-India Consumer Wholesale Price of wheat was up 6.2% to ₹2,633 per quintal on Wednesday, from ₹2,480 a year ago.
Prices have risen as the government has imposed stockholding limits and sold the grain in the open market to traders amid concerns about a shortfall in domestic production.
