The Government of India has prepared a great plan to control inflation. Now the general public will not have to worry about expensive thali. The government has announced to control the prices of food items. For this, it is going to sell 25 lakh tonnes of FCI wheat by March 2025. If inflation does not come down then the plate of the common people will become more expensive than at present.
What is the complete planning?
Wheat will be sold under the Open Market Sale Scheme (OMSS) initiative of the government. It is managed by the government-owned Food Corporation of India (FCI), controlling supply and prices. The food ministry said in a statement that the reserve price for wheat under OMSS has been fixed at Rs 2,325 per quintal for Fair and Average Quality (FAQ) grains and Rs 2,300 per quintal for URS (slightly lower quality) grains.
Wheat will be sold to private parties, including flour mills, wheat product manufacturers, processors and end users, through e-auction by March 31, 2025. However, the government did not provide information about the date of starting the sale of FCI wheat to bulk users. Last year, FCI had sold more than 10 lakh tonnes of wheat to bulk users under OMSS.
Government is working under the banner of Bharat brand
The government has launched the second phase for Bharat Brand under the Price Stabilization Fund to control inflation in the country. Under this, 3.69 lakh tonnes of wheat and 2.91 lakh tonnes of rice have been allocated from Food Corporation of India (FCI) for flour. Pralhad Joshi said that goods will continue to be available under the Bharat brand until the allotted stock is exhausted. If more ration is needed, the government has sufficient reserves. The government will allot ration again.
On low sales of rice in the first phase, the minister said that the aim of the government is not to do business. Rather, the objective of the government is to provide relief to the customers and control the prices in the market. If demand is seen in the market, the government will consider introducing smaller sized packets.