Centre to offload 300,000 tn wheat for subsidized atta sale

Food Corporation of India (FCI) will allocate 300,000 tonnes of wheat to three government agencies in January, which will convert the grain into flour and sell it to consumers at a subsidised rate under the Bharat Atta brand to battle inflation, Union food secretary Sanjeev Chopra said.

- Puja Das

Atta (wheat flour) prices continue to remain firm despite the government’s intervention at the retail level.

The all-India average retail price of atta has increased to ₹36.5 a kg, according to data from the consumer affairs ministry.

India’s retail inflation accelerated to a 4-month high of 5.69% in December, driven by an uptick in food prices.

Chopra said that the government aims to bring down prices in regions where the rates are higher than average.