Is the public upset due to the increase in the price of flour in India? Modi government is working to reduce the prices

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These days The people of India are a little worried about the price of flour Is visible. However, the Modi government at the center is keeping a close watch on its cost. The retail price of wheat and flour is increasing in India and people have to buy it at Rs 38 to 40 per kg. In this regard, the statement of Food Secretary Sanjeev Chopra has come to the fore in the past. He has said that the retail prices of wheat and flour have increased and the government will soon take steps to control the rising prices. The government is regularly keeping a close watch on the price of wheat and flour.

Food Secretary Sanjeev Chopra said that “all options are being explored” to reduce prices. When asked about this by reporters, he said that we are seeing that the prices of wheat and flour are increasing. . We are aware of this issue. Various options are being explored by the government and we will give our response very soon. He was asked what steps are being taken by the Food Ministry to control the rising prices of flour which have reached Rs 38 per kg. He said that we are keeping a close watch on the prices. The ministry will take some steps soon.

Slight decline in domestic production

However, Chopra did not elaborate on the measures being taken by the ministry. The secretary said that there is sufficient stock of wheat and rice in the godowns of the Food Corporation of India (FCI). The Center had banned wheat exports in May to control prices following a marginal decline in domestic production and shortfall in FCI procurement for the central pool. When asked whether the government would sell wheat in the open market, he said that all options are being explored.

reduce normal open market prices

Sources said last month that the government is considering releasing 1.5-2 million tonnes of wheat next year from FCI stocks to bulk consumers like flour mills under the Open Market Sale Scheme (OMSS) to control rising retail prices. Is. Under the OMSS policy, the government allows the Food Corporation of India (FCI), a state-run undertaking, to sell food grains, especially wheat and rice, at pre-determined prices in the open market to bulk consumers and private traders from time to time. The objective is to boost supply and reduce general open market prices during the lean season.

Demand to remove wheat stock from FCI godowns

Even the flour mill owners have demanded the government to remove the wheat stock from FCI godowns to meet the shortage in the open market. India’s wheat production declined to 106.84 million tonnes in the 2021-22 crop year (July-June) from 109.59 million tonnes in the previous year. This year’s procurement also fell drastically to 19 million tonnes. The area under wheat crop is higher in the current rabi (winter-sown) season. The procurement of new wheat crop will start from April, 2023.

with language input

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