Govt. of India has brought Rice and Wheat under Price Stabiliz | ECONOMY by VIVEK SINGH

Govt. of India has brought Rice and Wheat under Price Stabilization Fund (PSF) Scheme.

Earlier Potato, Onion, Pulses were included under the PSF scheme which NAFED and NCCF used to procure from farmers (at harvest time) and release in the (retail) market if the prices used to increase. Now, NAFED and NCCF will purchase Wheat and Rice from Food Corporation of India (FCI) and release it in the market ( under Bharat Atta, Bharat Rice brad).