The government of India hopes to sell 15 lakh tons each of 'Bharat' rice and wheat flour in the next 4-5 months

Published Feb 23, 2024

Tridge summary

The Indian government plans to sell 15 lakh tonnes each of Food Corporation of India (FCI) rice and wheat flour under the Bharat brand in the next 4-5 months, according to Food Secretary Sanjeev Chopra. This initiative, which has been ongoing since November last year for wheat flour and since February 6 for rice, is aimed at stabilizing prices. So far, about 3.5 lakh tonnes of wheat flour and 20,000 tonnes of rice under the Bharat brand have been sold.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The government hopes to sell 15 lakh tonnes each of FCI rice and wheat flour (atta) under the Bharat brand in the next 4-5 months, Food Secretary Sanjeev Chopra said on Thursday. The government is retailing Bharat atta and rice through three agencies -- National Agricultural Cooperative Marketing Federation of India Ltd (Nafed), National Cooperative Consumers Federation of India Ltd (NCCF) and Kendriya Bhandar. The government started retailing of Bharat Atta since November last year, while sale of Bharat rice commenced from February 6 in order to keep prices under check. State-run Food Corporation of India (FCI) is providing the grains to these agencies for retail purposes. Briefing the media, the Secretary said, after the introduction of Bharata atta, prices are stable in the market... We are thinking as it has an impact on atta, similarly Bharat rice will ensure moderation in prices. Bharat Rice sale quantity is low at present but it will pick up in the coming days, he said. We ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.