Common retail value of wheat flour surges 13 computer Rs 32.91 per kg in a single yr

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The typical value of wheat flour in retail markets stood at Rs 32.91 per kilogram on Monday, an almost 13 per cent improve in comparison with the year-ago interval, in accordance with official information. The all-India common retail value of wheat flour or atta was Rs 29.14 per kg on Might 8, 2021.

The info from the buyer affairs ministry confirmed that the utmost value of atta was Rs 59 per kg, minimal value was Rs 22 per kg and modal value Rs 28 per kg on Monday.

On Might 8, 2021, the utmost value was Rs 52 per kg, minimal value was Rs 21 per kg and modal value was Rs 24 per kg.

On Monday, atta costs stood at Rs 49 per kg in Mumbai, Rs 34 per kg in Chennai, Rs 29 per kg in Kolkata and Rs 27 per kg in Delhi.

The ministry screens costs for 22 important commodities — Rice, Wheat, Atta, Gram Dal, Tur (Arhar) Dal, Urad Dal , Moong Dal, Masur Dal, Sugar, Gur, Groundnut Oil, Mustard Oil, Vanaspati, Sunflower Oil, Soya Oil, Palm Oil, Tea, Milk, Potato, Onion, Tomato and Salt). Information for these commodities are collected from 167 market centres unfold throughout the nation.

In the meantime, the federal government has revised downwards the estimate for wheat manufacturing by 5.7 per cent to 105 million tonnes within the 2021-22 crop yr ending June from the sooner projection of 111.32 million tonnes, because the crop productiveness has been affected because of the early onset of summer season.

India’s wheat manufacturing stood at 109.59 million tonnes within the 2020-21 crop yr (July-June).

The Centre’s wheat procurement is ready to say no by greater than half to 19.5 million tonnes within the the present rabi advertising and marketing yr amid greater exports and certain fall in output, Meals Secretary Sudhanshu Pandey stated final week.

Earlier, the federal government had mounted the wheat procurement goal at 44.4 million tonnes for the 2022-23 advertising and marketing yr as in opposition to an all-time excessive of 433.44 lakh tonnes within the earlier advertising and marketing yr. The rabi advertising and marketing season runs from April to March however the bulk procurement ends by June.

The secretary, nonetheless, had asserted there will not be any concern for assembly the home demand beneath the Public Distribution System.

He had additionally dominated out the potential of imposing any curbs on wheat exports as farmers are getting greater than the Minimal Assist Worth (MSP) for his or her produce.

Wheat exports stood at a document 7 million tonnes in 2021-22 fiscal.

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