Log has written
WEDNESDAY, FEBRUARY 15, 2012

New Delhi: Delhi government will sell wheat flour at subsidized rates at 132 outlets across the city from Saturday to provide relief to citizens from the spiralling price of the commodity.

Announcing the initiative, chief minister Sheila Dikshit said initially 10 kg packets of wheat flour will be made available for Rs139 as against the market rate of Rs180 to Rs200.

The subsidized wheat flour will be sold at 84 outlets of Kendriya Bhandar, eight outlets of National Consumer Cooperative Federation (NCCF) and 40 selected outlets at the circle offices of the food and supplies department of the city government.

The chief minister said considering the rising prices of wheat flour in the market, Delhi government had approched the Union agriculture ministry and it has provided 80,481 metric tonnes of wheat to Delhi government at Rs1,080 per quintal under the open market sale scheme.

“We are concerned about rising prices of wheat flour and that is why this initiative is being launched to mitigate effects of inflationary trends in food items,” the chief minister told a press conference.

“I think infusion of this huge quantity of wheat into the market will bring down the price of the commodity considerably,” she added.

Tags - Find More Articles On:
READ MORE ARTICLES BY:
blog comments powered by Disqus
Inflation at 2-year low; risks remain
Fall increases chances of monetary easing by RBI; analysts warn macroeconomic risks could reverse trend
Home, auto and personal loans see sharp fall in growth
The year-on-year loan growth to capital-intensive industries slowed to 19.8% between December 2010 and...
Banks oppose Irda norms on retailing policies
With banks starting their own insurance ventures, non-bank promoted insurers have been finding it difficult...
Tata Motors net profit up on strong JLR sales
The company’s profit soars 41% to a record high of Rs 3,406 crore in the three months ended December
RBI warns on bad loans, but says situation not alarming
Sinha said it will be more challenging for banks to find equity investors after the stricter capital...