‘Bharat rice’ coming soon, to retail at discounted rate of Rs 25/kg: Report - News Summed Up

‘Bharat rice’ coming soon, to retail at discounted rate of Rs 25/kg: Report


The move follows the successful implementation of discounted rates for 'Bharat atta' (wheat flour) and 'Bharat dal' (pulses). “There is always one motive: curtailing prices and, thus, inflation,” said the official quoted in the livemint.com report. At present, the government provides Bharat wheat flour and chana dal to consumers at concessional rates of Rs 27.50 per kilogram and Rs 60 per kilogram, respectively. The process of selling Bharat rice is expected to follow the same model as that of Bharat dal and atta. This increase in food inflation is a significant component of the overall Consumer Price Index (CPI).


Source: Mint December 27, 2023 16:04 UTC



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