Stock of wheat and rice fixed for retail sale in second phase

05-Nov-2024 05:15 PM

New Delhi. The Central Government has fixed the initial stock of wheat and rice for retail sale under the name Bharat Brand. 3.69 lakh tonnes of wheat and 2.91 lakh tonnes of rice have been allocated for the start of the second phase. Flour produced from the milling of this wheat will be sold.

The Union Minister for Food, Consumer Affairs and Public Distribution launched the second phase of retail sale of Bharat Brand flour and rice.

The Food Minister said on this occasion that this effort is a confirmation of the resolve of the Government of India that the government is committed to ensure the availability of essential food products to the common consumers at subsidized prices.

Retail sale of Bharat Brand flour and rice is done by three central agencies - NCCF, NAFED and Kendriya Bhandaar at a fixed price. Its first phase has ended and now the second phase has started.

The Food Minister flagged off the mobile vans of these agencies in New Delhi today (5 November). Under the second phase, the maximum retail price (MRP) of Bharat Brand flour has been fixed at Rs. 30 per kg and MRP of rice at Rs. 34 per kg.

According to the Food Minister, the Central Government is directly intervening through the retail sale of essential food products like Bharat Brand flour, rice and pulses, which has helped to a great extent in keeping its market price stable.

During the first phase, about 15.20 lakh tons of Bharat flour and 14.58 lakh tons of Bharat rice were made available to the general consumers at subsidized prices.

At that time, the price of flour was fixed at Rs. 27.50 per kg and the price of rice was fixed at Rs. 29 per kg. In the second phase, it will be sold in retail packs of 5 kg and 10 kg.