To check prices, govt to sell extra wheat & rice stocks

Amid rising prices of wheat and atta (wheat flour), the central government on Wednesday announced that it would sell an additional 50 lakh tonnes of the foodgrain from the Food Corporation of India (FCI) stock to boost availability and contain price rise. The Centre also announced sale of an additional 25 lakh tonnes of rice in the open market, and also a reduction of its reserve price from Rs 31 to Rs 29 per kg.
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