Sale of foodgrains to continue under open market scheme

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Capital Market
Last Updated : Mar 31 2015 | 5:47 PM IST
The Government has decided to continue sale of wheat in domestic market under the existing scheme of open market sale subject to following specific modifications:

- The sale of wheat under the scheme will be continued after 31.03.2015 only in non-wheat procuring States i.e. States excluding Punjab, Haryana, Himachal Pradesh, Rajasthan, Madhya Pradesh, Bihar, Gujarat, Maharashtra, Jammu & Kashmir, Uttar Pradesh, NCT Delhi and UT of Chandigarh

- The reserve price for sale of wheat in the above said States after 31.03.2015 shall be Rs.1550 per quintal plus the freight charges and road transportation charges, if any, ex-Ludhiana to the concerned depot of FCI, from which the sale is to be effected.

- The sale through dedicated movement in 2015-16 will be started only when a decision is taken to start the sale of wheat from surplus procuring States namely; Punjab, Haryana and Madhya Pradesh.

This has been communicated to the States in a communication issued by the Department of Food and Public Distribution, Ministry of Consumer Affairs, Food and Public Distribution.

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First Published: Mar 31 2015 | 4:12 PM IST

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