GulfHindi English Desk: In order to control the rising inflation in the country, the government has come up with a new policy. It is the middle class and the common people who suffer the most due to the increasing inflation. Due to the rising prices, essential commodities like wheat, rice, and other necessary items go out of reach for the people.
To control all these, a new government policy has been approved. To control the prices of wheat and rice, the Indian Fertilizer Corporation will now sell them in the open market. According to the figures, FCI Bihar will sell 38,500 metric tonnes of wheat and 35,000 metric tonnes of rice.
The prices will be reduced, and people, as well as private traders, will be able to buy wheat at a price of just ₹21 per kilogram. The government has set the price of wheat at ₹2125 per quintal for this purpose.
As for rice, the government has set the minimum rate at ₹3173 per quintal.
Traders will be able to buy wheat directly from the government at a cheaper price, and the benefit of this will be that the flour available in the market will now be available at a rate of just ₹30 per kilogram.
The new prices for wheat and flour can be implemented from the month of July. It is hoped that this new step will benefit the common people and middle-class families. The price of flour, which is considered a necessity, will come back within the budget of the people.
en.gulfhindi.com News Summary
👉The government has prepared a new policy to control the rising inflation in the country.
👉The middle class and people are the most affected by the rising inflation.
👉Due to the increase in inflation, essential items like wheat, rice, and other necessary things are becoming expensive.
👉The new government policy has been approved to control all these.
👉The Indian Fertilizer Corporation will now sell wheat and rice in the open market to control their prices.
👉According to the figures, FCI Bihar will sell 38,500 metric tons of wheat and 35,000 metric tons of rice.
👉The price will be reduced. Wheat will be available at just ₹21 per kilogram.
👉Through this auction process, wealthy and private traders can buy wheat at ₹21 per kilogram.
👉The government has kept the price of wheat at ₹2125 per quintal for this.
👉As for rice, the government has set the minimum price at ₹3173 per quintal.
👉Traders can directly buy cheap wheat from the government, and the benefit of this will be that the flour available in the market will now be available at a rate of ₹30 per kilogram.
👉The new prices of wheat and flour can be implemented from July.
👉It is expected that this new step will benefit the common people and middle-class families. The price of flour will come back within the budget of the people.
👉Related post: [link to related post]
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