date:Dec 13, 2012
the same as last year. However, NFSR later had to revise the proposal bowing to the political influence.
Concerns regarding Increase in Food Inflation
The increase in the wheat procurement price will not have any immediate effect on current flour prices, but rather will occur next August when the government starts releasing wheat stocks to flour millers at the new rate.
The flour prices have risen by 60percent since 2008 and are likely to rise by another 14 percent in August of next year. T