FCI to offer 11.72 lakh tonne wheat to bulk consumers in e-auction on Feb 22
Financial Express Mumbai|February 19, 2023
STATE-RUN FOOD Corporation of India (FCI) will offer 11.72 lakh tonne of wheat to bulk consumers like flour millers during the third e-auction to be held next week, the food ministry said on Saturday.
FCI to offer 11.72 lakh tonne wheat to bulk consumers in e-auction on Feb 22

FCI plans to sell 25 lakh tonne of wheat to bulk consumers under the Open Market Sale Scheme (OMSS) till March-end as part of the government's measure to check rise in domestic prices.

In the last two weekly eauctions, about 12.98 lakh tonne wheat was sold, out of which 8.96 lakh tonnes has already been lifted by the bidders which has resulted in cooling down of retail prices of wheat and atta.

In a statement, the food ministry said FCI will offer 11.72 lakh tonne of wheat from 620 depots across the country during the third e-auction to be held at 11 am on February 22.

Bidders, who have registered themselves on the e-portal of M-Junction by 10 pm on February 17, will be allowed to participate in the e-auction on February 22, it said.

The last date for deposit and uploading of earnest money is February 21 till 2.30 pm. 

هذه القصة مأخوذة من طبعة February 19, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 19, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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