Tuesday, 6 August 2013

Foodgrains for Open Market Sale for Retail Consumers

Government of India has decided to allocate 4 lakh tonnes of wheat and 5 lakh tonnes of rice to State Governments/Union Territories for distribution to retail consumers at subsidized rates which are less than the economic cost. This information was given by the Minister of consumer affairs, food and public distribution Prof. K.V. Thomas in a written reply in Lok Sabha today.

Prof. Thomas said that wheat under the scheme is released at Rs.1500/- per quintal plus freight charges from Ludhiana to the concerned State/UT Capital. Rice under the scheme is released to States/UTs at MSP(Minimum Support Price) derived value of rice based on MSP of common variety of paddy for KMS (Kharif Marketing Season) 2012-13 i.e. Rs.1250 plus average freight incurred by FCI as part of its distribution cost of rice. 

Courtesy: (pib.nic.in) Press Information Bureau

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