From Our Bureau
NEW DELHI: The Centre on Friday reduced the reserve price of wheat under open market ale scheme at Rs 2150 and Rs 2125 per quintal up to March 31.
It has also reduced the rate of wheat on February 10 to Rs 21.50 per kilo for sale to NAFED, Kendriya Bhandar, State Govt cooperations and federations as well as community kitchen and charitable NGOs, with a condition that they will convert wheat as Atta (flour) and sell it to the consumers at MRP Rs 27.50 a kilo.
The states are also allowed to purchase wheat from FCI for their own scheme at the reserved prices, without participating in e-auction.
The third e-auction from FCI godowns will be carried out to release 30 lakh tonnes of wheat, including 25 lakh tonnes to traders and the flour mills.
