Surplus wheat will be sold at Rs 2,325 per quintal & rice at Rs 2,800 per quintal — lower than current market rates. Open market sale is aimed at regulating domestic supply & prices.
The government has said that the stock declaration of wheat and rice will be mandatory for all the traders, wholesalers, retailers, big-chain retailers, and processors in all the states and union territories.
Modi govt allocated 2.5 lakh metric tonnes wheat for NAFED, NCCF & Kendriya Bhandars which was later processed into flour & is being sold at ₹27.50 per kg at outlets & mobile vans.
After Bharat Dal in July, Modi govt Monday launched Bharat Atta, a brand under which it will sell subsidised wheat. Economists say it will likely be forgotten after 2024 elections.
Extreme weather & rising prices in private, international markets led to low procurement last year. This season, state has already contributed over 100 LMT of wheat to central reserves.
Unseasonal rains & strong winds have ruined fields in southwest Punjab. Bathinda saw rainfall 3,900% above normal over 24-30 March, though officials say only 10% of farms severely affected.
The FCRA Bill is meant to reduce foreign influence over Indian charities. But it may end up forcing them to keep taking foreign money, just to keep their own hospitals and schools.
In interview with ThePrint, RS MP says new policy will incentivise industry. Bengal’s industrialisation hit pause after 2008 Singur land agitation drove away Tata Nano project.
Face-off happened late July when patrol parties of 2 countries came face to face in remote Taksing village. The Chinese are said to have returned in early August.
It’s evident Bhagwat was watching from a distance and was worried about youth’s anger towards Modi govt. The first thing he did was to demolish any criticism of Gen Z protesters as anti-national.
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