{"id":7435,"date":"2024-06-14T11:27:03","date_gmt":"2024-06-14T05:57:03","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/?p=7435"},"modified":"2024-06-14T11:27:03","modified_gmt":"2024-06-14T05:57:03","slug":"centre-keeping-close-watch-over-market-price-of-wheat","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2024\/06\/14\/centre-keeping-close-watch-over-market-price-of-wheat\/","title":{"rendered":"Centre keeping close watch over market price of Wheat"},"content":{"rendered":"<p style=\"text-align: justify;\">The Department of Food and Public Distribution under Ministry of Consumer Affairs, Food and Public Distribution is keeping close watch on the market price of Wheat. In addition, suitable interventions, as warranted shall be undertaken to ensure that there is no hoarding by unscrupulous elements and the price remains stable.<\/p>\n<p style=\"text-align: justify;\">During RMS 2024, the Department has reported production of 112 million MT of wheat. Food Corporation of India (FCI) has procured approximately 266 LMT of wheat till 11.06.2024 during RMS 2024. After meeting the requirement for Public Distribution System (PDS) and other Welfare Schemes, which is approximately 184 LMT, sufficient stock of wheat will be available to undertake market interventions, as and when required.<\/p>\n<p style=\"text-align: justify;\">Buffer stocking norms vary for each quarter of year. As on 1st January, 2024, the wheat stock was 163.53 LMT against prescribed buffer norm of 138 LMT.\u00a0 The Wheat stock has at no point of time dipped below the quarterly buffer stock norms. In addition, at present, there is no proposal to alter the duty structure on imports of wheat.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Department of Food and Public Distribution under Ministry of Consumer Affairs, Food and Public Distribution is keeping close watch on the market price of Wheat. In addition, suitable interventions, as warranted shall be undertaken to ensure that there is no hoarding by unscrupulous elements and the price remains stable. During RMS 2024, the Department &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[136],"tags":[4152,4153,4151],"class_list":["post-7435","post","type-post","status-publish","format-standard","","category-national","tag-government-intervention-in-wheat-market","tag-wheat-market-stability","tag-wheat-price-monitoring"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Centre keeping close watch over market price of Wheat - Matribhumi Samachar English<\/title>\n<meta name=\"description\" content=\"The Centre maintains a vigilant stance on the market price of wheat, ensuring stability and accessibility of this essential commodity for consumers nationwide.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/matribhumisamachar.com\/en\/2024\/06\/14\/centre-keeping-close-watch-over-market-price-of-wheat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Centre keeping close watch over market price of Wheat - 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