Centre may sell surplus wheat in small tranches to control atta prices

Flour millers have reportedly told the government that they have stocks for one to two months only

In order to increase the availability of wheat and check the retail prices of atta (flour), the government may soon sell its surplus wheat in different states in small tranches. According to a report in the Times of India (TOI), flour millers have told the government that they have stocks for one to two months only. 

Wheat traders are reportedly sitting on large wheat reserves to sell them at higher prices in the coming months. Against the buffer stock requirement of 20.5 million tonnes, the Food Corporation of India (FCI) has a surplus of 22.7 million tonnes, the TOI report added.