THE GOVERNMENT IS considering measures such as reducing import duties and more stringent stock-holding limits for wheat traders to ease domestic supplies.
In addition, the government will continue to sell surplus wheat stock of the Food Corporation of India (FCI) under the open market sale scheme (OMSS) to curb the rise in prices.
"Several steps are under consideration and we are closely monitoring the wheat prices," a food ministry official told FE. The official said although there has not been a significant jump in wheat prices, to ensure prices remain stable in the festive season, import duty cuts could be announced keeping in consideration lower global prices compared to the previous year.
Diese Geschichte stammt aus der August 04, 2023-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der August 04, 2023-Ausgabe von Financial Express Mumbai.
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