Tag: wheat

India cuts wheat sale reserve price to cool market

India cuts wheat sale reserve price to cool market

The Centre has decided to cut the reserve price of wheat by announcing to offer it at ₹23/kg and ₹23.50/kg uniformly all across the country, in a major decision to cool off wheat prices ahead of procurement season. This is without adding any transportation cost. Earlier, the freight cost from either Bhopal or Ludhiana to the depot was getting added to the price, making it up to ₹3/kg higher“In order to reduce the price of wheat and atta, ...

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