Government Vows to Stabilize Wheat Prices Amid Rising Costs

The government announced new policy interventions to stabilize wheat prices, following a committee meeting chaired by Home Minister Amit Shah. Wheat prices have risen significantly over the past year. Officials have been directed to closely monitor prices, and sufficient stock has been assured to meet market requirements.


PTI | New Delhi | Updated: 20-06-2024 17:32 IST | Created: 20-06-2024 17:32 IST
Government Vows to Stabilize Wheat Prices Amid Rising Costs
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The government on Thursday committed to implementing policy interventions aimed at stabilizing wheat prices, ensuring affordability for consumers across the nation.

Following a high-level meeting chaired by Home Affairs and Cooperation Minister Amit Shah, officials were instructed to keep a vigilant watch on wheat prices, which have surged by up to Rs 2 per kg compared to last year.

As of June 20, official data indicated that average retail prices for wheat reached Rs 30.99 per kg, up from Rs 28.95, while wheat flour prices climbed to Rs 36.13 from Rs 34.29. In response, the Food and Consumer Affairs Ministry assured that more wheat had been procured than the previous year, and enough stock is available to stabilize the market as required.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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