Govt launches Bharat rice at Rs 29/kg
New Delhi, Feb 6: The government on Tuesday launched 'Bharat rice' at a subsidised rate of Rs 29 per kilogram to provide relief to consumers amid a 15 per cent rise in retail prices of the grain in the last one year.
Launching the subsidised rice that will be available in 5 kg and 10 kg packs, Food and Consumer Affairs Minister Piyush Goyal said the government is making efforts to ensure that daily food items are available at affordable rates for the common people.
"When the wholesale intervention (to control prices) was not benefitting more people, the retail intervention was started under the Price Stabilisation Fund(PSF)," Goyal said.
As part of the retail intervention, rice will be retailed at Rs 29 per kg under the 'Bharat brand' to provide relief to middle class consumers and the poor, he said.
In each kg of 'Bharat rice', there will be 5 per cent of broken rice.
Goyal said the government's efforts have already helped in rapidly bringing down the prices of tomato and onion.
"Wheat inflation has been zero in the last six months since we started selling 'Bharat atta'. The same impact we will see in rice," the minister said and emphasised that the prices of commodities going into middle class persons' thali is quite stable.
"The government is proactive in making daily needs at affordable rates," Goyal said.
He also flagged off 100 mobile vans that will sell 'Bharat rice' and also distributed 5 kg packs to five beneficiaries.
The Food Corporation of India (FCI) will provide 5 lakh tonne of rice to two cooperatives -- National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) and National Cooperative Consumers' Federation of India (NCCF) -- as well as retail chain Kendriya Bhandar in the first phase.
These agencies will further pack the rice in 5 kg and 10 kg packs and retail through their outlets under the 'Bharat' brand. The rice will also be sold through e-commerce platforms.
The government has resorted to retail sale of FCI rice after it received a lukewarm response for sale of rice to bulk users at the same rate through the Open Market Sale Scheme (OMSS).
The government hopes to get good a response for 'Bharat rice' too, like it has been receiving for 'Bharat atta', which is being sold at Rs 27.50 per kg and 'Bharat chana' at Rs 60 per kg through the same agencies.
Sharing his personal experience, Goyal said he has started using 'Bharat dal' and 'Bharat atta', and both of them are delicious.
"Now, I have purchased 'Bharat rice'. This will also be of good quality," he added.
To a query on whether an accurate analysis has been done with respect to the average price of rice since there are many varieties in the market, Goyal said, "it has been correctly analysed... this is a proactive government".
Retail prices of rice are yet to be under control despite restrictions on exports and bumper production in 2023-24.
The government has asked retailers, wholesalers, processors and big retail chains to disclose their stocks to check hoarding.
Ministers of State for Consumer Affairs Sadhvi Niranjan Jyoti and Ashwini Choubey, Food Secretary Sanjeev Chopra, Consumer Affairs Secretary Rohit Kumar Singh and Food Corporation of India (FCI) CMD Ashok K Meena, among others, were present at the event to launch the rice.
कम कीमत और गुणवत्ता ज़्यादा,
— Piyush Goyal (@PiyushGoyal) February 6, 2024
ये है भारत ब्रांड का वादा।#BharatRice pic.twitter.com/obsDuAhjce
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No clarity on US-Iran talks as Islamabad stays under lockdown
Islamabad (PTI): Large parts of Pakistan's capital remain under a tight security lockdown for over a week on Saturday, even as uncertainty persisted over the proposed second round of talks between the US and Iran.
Arterial roads leading into Islamabad are sealed, while the Red Zone, housing key government buildings and diplomatic missions, remains under a strict security cordon.
In the adjacent commercial 'Blue Area', markets are deserted, cafes are running short of supplies, and public transport disruptions with no service at bus terminals have left commuters stranded.
For residents, uncertainty has become the hardest part. Islamabad is a city of transients, where many residents work during the week and return to family homes at the weekend.
This is the second lockdown in recent weeks. Islamabad was earlier sealed on April 11 for talks between the US and Iranian delegations that ended without a deal. The city briefly reopened before restrictions were reimposed as Pakistan prepared to host another round of engagements, which has yet to materialise.
Iran's Foreign Minister Abbas Araghchi arrived here late Friday for engagements with the Pakistani leadership. He was received by senior officials, including Army chief Field Marshal Syed Asim Munir, foreign minister Ishaq Dar and interior minister Mohsin Naqvi.
However, there is no clarity on whether direct talks between Washington and Tehran will take place during the visit.
"No meeting is planned to take place between Iran and the US. Iran's observations would be conveyed to Pakistan," Iran’s Foreign Ministry spokesperson Esmaeil Baqaei said in a social media post on Saturday.
He said the Iranian delegation arrived in Islamabad "for an official visit" and Araghchi will be "meeting with Pakistani high-level officials in concert with their ongoing mediation and good offices for ending American-imposed war of aggression and the restitution of peace in our region".
As the Iranian team landed in Islamabad, White House Press Secretary Karoline Leavitt said that US Special Envoy on the Middle East Steve Witkoff and President Donald Trump's adviser Jared Kushner would be leaving for Pakistan on Saturday "to engage in direct talks" with representatives of the Iranian delegation.
“Everyone will be on standby to fly to Pakistan if necessary, but first, Steve and Jared will be going over there to report back to the president, the vice president and the rest of the team,” she said.
However, the US team has not yet arrived.
Meanwhile, Pakistan's Deputy Prime Minister and Foreign Minister Dar, in a social media post, expressed hope for "meaningful engagements" between the two warring parties to promote regional peace and stability.
The Foreign Office here said Iranian foreign minister Araghchi will hold meetings with Pakistan’s senior leadership to discuss the latest regional developments as well as ongoing efforts for regional peace and stability.
"Following key discussions with the Pakistani mediation team, a second round of peace talks between the United States and Iran is expected to be held in Islamabad on Saturday and Sunday," a government official said.
He said a US logistics and security team is already present in Islamabad to facilitate the negotiation process.
Araghchi, before leaving for Islamabad, said that he was embarking on a timely tour of Islamabad, Muscat, and Moscow, and the purpose of his visits is to "closely coordinate with our partners on bilateral matters and consult on regional developments".
"Our neighbours are our priority," he said.
The first round of US-Iran talks held on April 11 and 12 failed to produce a breakthrough, prompting a flurry of diplomatic efforts by host Pakistan to cool tensions and revive hopes for another round of dialogue.
On Tuesday, Trump extended the two-week ceasefire with Iran indefinitely to give Tehran more time to prepare a unified proposal to end the war, just hours before the truce was set to expire.
The Iran war began on February 28 with US-Israeli strikes.
