To check the inflationary trend in food economy, the Department of Food and Public Distribution (DFPD) has decided to further reduce reserve price upto 31st March, 2023 as under:
Reduction in reserve price will help in reducing market price of wheat and wheat products for consumers.
FCI will float 3rd e-auction for sale of wheat at these revised reserve prices on 17.02.2023 which will be opened on 22.02.2023.
The Committee of Ministers decided to release 30 LMT wheat from FCI stock through Open Market Sale Scheme (OMSS) as follows:
Subsequently, the Department made allocation of 3 LMT of wheat to Kendriya Bhandar/ NAFED /NCCF as per their requisitions. Kendriya Bhandar, NAFED and NCCF were allocated 1.32 LMT, 1 LMT and 0.68 LMT respectively.
Further, the rate of wheat on 10.02.2023 has been reduced to Rs. 21.50/Kg for sale to NCCF/NAFED/ Kendriya Bhandar/State Govt. Cooperatives/ Federations etc as well as community kitchen /charitable/NGO etc subject to stipulation that they will convert wheat to atta and sell it to consumers at MRP Rs. 27.50/Kg.