English Release 6-March 2015
- President's Secretariat
- Press Communique
Ministry of Consumer Affairs, Food & Public Distribution27-November, 2012 15:44 IST
|Uniform Prices for Wheat|
Requests from some flour millers / Flour Mill Associations for uniform prices for wheat under Open Market Sale Scheme (OMSS) were received. Reserve price for tender sale of wheat and price for sale of wheat to small/private traders in surplus states i.e. Punjab, Haryana, Uttar Pradesh and Madhya Pradesh is fixed at MSP of wheat for RMS 2012-13 (Rs.1285/- per quintal) plus State wise Statutory charges and levies as applicable on procurement. For other consuming States/UTs except Chandigarh, reserve price for tender sale of wheat and price for sale of wheat to small/private traders is fixed at MSP of wheat for RMS 2012-13 (Rs.1285/- per quintal) plus Statutory charges and levies as applicable on procurement in Punjab plus freight from Ludhiana to concerned State/UT Capital. For Chandigarh, the reserve price is same as reserve price fixed for Punjab. |
The reserve prices so fixed under OMSS are less than economic cost and Government is still incurring subsidy in allocating wheat under OMSS even after adding statutory charges and freight to MSP of wheat to fix the reserve price.
This information was given by the Minister of State (IC) for Consumer Affairs, Food & Public Distribution Prof. K.V.Thomas in a written reply in the Lok Sabha today.
(Release ID :89509)