M A I N   N E W S

Wheat price fixed at 900 in open market
Tribune News Service

NEW DELHI, March 30 — The Government has revised the price of wheat under the open market sale scheme at Rs 900 per quintal. The new price has been made uniform throughout the country and will be effective from April 1.

The revision of issue price under the open market sale scheme of wheat became necessary following the revision of the minimum support price of wheat from Rs 550 per quintal to Rs 580 per quintal and the resultant increase in the economic cost of wheat of the Food Corporation of India.

The central issue price of wheat for APL families has also been fixed at Rs 900 per quintal. Since the APL issue price was placed at par with the economic cost, the open market prices have also been revised to the level of the economic cost of wheat for the year 2000-2001. The open market sale prices of wheat were last revised in December, 1999 and the rates were Rs 688 per quintal for north zone. Rs 705 per quintal for south zone, Rs 699 per quintal for east zone and Rs 697 per quintal for west zone.