login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Union Minister Launches Phase II of Bharat Atta and Rice Sales, Strengthening Affordable Food Access

5 Nov 2024 2:27 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI, 05 Nov (Commoditiescontrol): Union Minister of Consumer Affairs, Food and Public Distribution and New & Renewable Energy, Mr Pralhad Joshi, launched Phase II of Bharat Atta and Bharat Rice sales today, flagging off mobile distribution vans from NCCF, NAFED, and Kendriya Bhandar in the presence of Minister of State, Mr B.L. Verma. Under this phase, Bharat Atta will be available at ₹30 per kg and Bharat Rice at ₹34 per kg, aiming to make these staples more affordable for consumers nationwide.

Joshi highlighted that this initiative reaffirms the government’s commitment to ensuring essential food items reach consumers at accessible prices. "The Bharat brand has provided stability in the prices of essentials like rice, atta, and dal, helping maintain affordability," he stated.

Phase II will make 3.69 lakh metric tons (LMT) of wheat and 2.91 LMT of rice available for retail. Bharat Atta and Bharat Rice will be sold in 5 kg and 10 kg bags at Kendriya Bhandar, NAFED, NCCF outlets, mobile vans, and through major e-commerce platforms. Phase I of this initiative delivered 15.20 LMT of Bharat Atta and 14.58 LMT of Bharat Rice to consumers at subsidized prices.

Joshi also provided an update on paddy procurement in Punjab, reaffirming the government’s commitment to meeting the 184 LMT procurement target for the season. As of November 4, 2024, 104.63 LMT of paddy had arrived in Punjab mandis, with 98.42 LMT already purchased by state agencies and FCI at the Minimum Support Price (MSP) of ₹2,320 for Grade ‘A’ paddy. This procurement has benefited 5.38 lakh farmers, with ₹20,557 crores in MSP payments directly credited to their bank accounts.

(By Commoditiescontrol Bureau; +91 98201 30172)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Market Commentary
CBOT Wheat Futures Decline Amid Dollar Strength and Slu...
Wheat Prices Steady with Positive Bias Amid Limited Sup...
Maize Prices Stable with Positive Bias Amid Declining A...
CBOT Wheat Drops Amid Upbeat Argentina Forecast
Wheat Prices Remain Steady Amid Revised Stock Limits an...
more
Top 5 News
Sugar Prices Slide As Ample Supplies from Brazil Boosts...
Cotton Prices Slip Amid Strong Dollar and Weak Demand f...
Crude Oil Hits Three-Week High on Supply Concerns and R...
Gold Eases on Dollar Strength but Records Weekly Gain
CBOT Wheat Futures Decline Amid Dollar Strength and Slu...
Top 5 Special Reports
USDA Report: Cotton Exports Decline, Pima Sales Show No...
USDA Weekly Export Report: Soybean Oil Sales Surge, Soy...
USDA WASDE Soybean Outlook: Increased Production and Ex...
USDA WASDE Report: Cotton Ending Stocks Increase Amid H...
Malaysian Palm Oil Stocks Decline as Production and Exp...
Copyright © CC Commodity Info Services LLP. All rights reserved.