FCI commenced e-auction of wheat on February 1 under Open Market Sale Scheme (OMSS) for bulk users in order to improve domestic availability and check wheat prices.
PTI
February 02, 2023 / 01:03 PM IST
Wheat
State-owned Food Corporation of India (FCI) has sold 8.88 lakh tonne of wheat to bulk consumers like flour millers on the first day of e-auction conducted in 22 states, the food ministry said on Thursday.
FCI commenced e-auction of wheat on February 1 under Open Market Sale Scheme (OMSS) for bulk users in order to improve domestic availability and check wheat prices.
On the first day, it offered for sale about 22 lakh tonne of wheat against the earmarked 25 lakh tonne under OMSS.
“More than 1,100 bidders came forward for participation in the first e-auction. A quantity of 8.88 lakh tonne was sold on the first day of e-auction in 22 states,” the ministry said in a statement.
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