More wheat in open market to check prices
In yet another attempt to control high food inflation, hovering at 16.9 per cent, the empowered group of ministers (EGoM) on food on Friday decided to release 5 million tonnes of wheat over the next 10 months under the open market sale scheme. However, the draft Food Security Bill, which aims to provide a fixed quantity of food grain at
Rs 3 per kg every month to families below the poverty line, did not come up for discussion at the meeting.
The EGoM deferred a decision to impose import duty on wheat and sugar.
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