Today in New Delhi, India
Oct 15, 2018-Monday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Wheat going the onion way

THE ?CHAPATTIS?, an integral part of our everyday meal, is burning a hole in the pocket of the common people these days. The price of wheat continues to maintain an upward trend and has doubled within a fortnight. In the open market its price has increased from Rs 8 to Rs 15 per kg.

india Updated: Jan 28, 2006 01:24 IST

THE ‘CHAPATTIS’, an integral part of our everyday meal, is burning a hole in the pocket of the common people these days. The price of wheat continues to maintain an upward trend and has doubled within a fortnight. In the open market its price has increased from Rs 8 to Rs 15 per kg.

This is the scenario when there was a record production of wheat (225 lakh tones) last year. With the start of the New Year, the price started shooting up. As the hoarders and black marketers moved in to make a fast buck, the price of the flour too increased from Rs 10 to Rs 16 per kg.

Stocks of wheat not only vanished from the stores of the general merchant shops, but also from the godowns and public distribution outlets run by the government. These stocks were diverted to black market, even as officials blamed the private companies for the price hike. Each year government purchases wheat from the farmers at minimum support price. But this year as there was 24 per cent fall in the government purchase, it provided an opportunity to the private companies to make inroad in the hinterland and make bulk purchase from the farmers. Large quantities of the wheat were smuggled to neighbouring states and even to Bangladesh. From government godowns the wheat was also diverted to the recycling units run by private operators.

When common people started feeling the pinch of the price hike, there was an outcry among masses. And now the government has decided to swing into action. The Food and Civil Supply department has announced strict action against the ration mafias and hoarders indulging in black-marketing of wheat.

First Published: Jan 28, 2006 01:24 IST