Centre revives Bharat Atta, Rice to temper price rise
The Centre has approved fresh allocations of subsidised Bharat Atta and Bharat Rice as it seeks to temper a gradual rise in the prices of key household staples, according to an official order seen by HT
The Centre has approved fresh allocations of subsidised Bharat Atta and Bharat Rice in an attempt to curb the gradual rise in prices of key household staples, according to an official order. While the initial allocation is modest, with 50,000 tonnes of wheat and 300,000 tonnes of rice, it signals that the government has ample stocks and can step up market intervention if prices continue to firm.
The allocation, issued on July 28, will be sold through government cooperatives NAFED, NCCF, and Kendriya Bhandar under the Open Market Sale Scheme (Domestic), with Bharat Atta priced at ₹35 per kg and Bharat Rice at ₹33 per kg in larger packs.
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