This auction comes amid fear that prevailing high temperatures could continue through March impacting the rabi wheat crop To arrest spiking food inflation, the union government on Wednesday conducted the third round of wheat auction which saw 5.08 lakh tonnes of wheat hitting the open market from the central pool. This auction comes amid fear […]
Tag Archives: OMSS
Govt slashes wheat reserve price to reduce flour price
Synopsis To reduce the price of wheat and atta, the Department of Food & PD, in consultation with Ministry of Finance on Friday decided that the reserve price for sale of wheat under OMSS will be Rs 2350/Qtl (Pan India) for FAQ and Rs. 2300/Qtl (Pan India) for URS wheat of all crops including RMS […]