Bharat Rice Sale Launched In India

  • Union Minister Shri Piyush Goyal launched the sale of ‘Bharat’ Rice at a maximum retail price (MRP) of Rs. 29/kg in 5Kg and 10Kg packs. 
  • The rice will be available at physical and mobile outlets of Kendriya Bhandar, the National Agricultural Cooperative Marketing Federation of India (NAFED), and the National Cooperative Consumers’ Federation of India (NCCF). 
  • The government is committed to the welfare of farmers and consumers, purchasing essential food commodities from farmers and selling them to consumers at subsidized prices. 
  • The retail sale of ‘Bharat’ Rice will increase market supplies at affordable rates and help in moderation of prices of this essential food item. 
  • The sale will also expand to other retail outlets and e-commerce platforms. 
  • State-controlled cooperatives of Telangana, Maharashtra, and Gujarat are also involved in the retail sale of Bharat Dal.

 

Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) Benefits and Measures 

 

  • PMGKAY benefits farmers, general consumers, over 80 Crore beneficiaries under the Targeted Public Distribution System, and other groups like school children, children in anganwadis, adolescent girls, and children in hostels. 
  • The Government of India sets a Minimum Support Price (MSP) for food grains, pulses, coarse grains, and millets. 
  • Nationwide procurement operations are undertaken to implement the Price Support Scheme (PSS), ensuring the benefit of MSP to farmers. 
  • The procured wheat and rice are offered completely free of cost under PMGKAY through a network of about 5.38 lakh FPS in the country to about 80.7 Crore PDS beneficiaries. 
  • Measures are taken for the benefit of consumers not covered under TPDS, such as selling ‘Bharat Atta’, ‘Bharat Dal’, and ‘Bharat Rice’, tomatoes, and Onions at affordable and fair prices. 
  • Food Corporation of India (FCI) conducts nationwide weekly e-auctions for the sale of wheat under the Open Market Sale Scheme (Domestic [OMSS (D)). 
  • The total amount of wheat to be offered for sale under OMSS (D) has been significantly increased to 101.5 LMT till March 2024, instead of 57 LMT till December 2023. 
  • The export of wheat has been banned to ensure sufficient domestic availability of this commodity. 
  • Limits on the stock holding of wheat by different entities are imposed to prevent hoarding. 
  • The government has also banned the export of non-basmati rice and imposed a floor price of USD 950 for the export of Basmati rice.
Posted in Current Affairs.