The government has taken a big decision to fulfil the objective of keeping inflation under control in the country and at the same time increasing the income of farmers. The government has now instructed the National Agricultural Cooperative Marketing Federation (NAFED) and the National Cooperative Consumers Federation of India (NCCF) to purchase wheat directly from farmers. This decision of the government, along with increasing the income of the farmers, it will also help in controlling inflation.
It is noteworthy that NAFED and NCCF are two agencies which manage the sales process of Bharat Atta. Both these agencies also sell Bharat Chana Dal and Bharat Rice. Let us tell you that in the last months, when inflation increased, the government launched Bharat Atta, Bharat Gram and Bharat Rice in the open market, the prices of which were kept very low.
According to news from the famous media organization ‘Economic Times’, both these agencies will purchase wheat from farmers at a Minimum Support Price (MSP). There is no limit on purchasing for these agencies. This means that the agency can purchase as much as it wants.
Source: Kisan Tak
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