Price check. FCI to sell 10.13 lakh tonnes of wheat to bulk users on Wednesday via e-auctions

PTI Updated - March 14, 2023 at 03:48 PM.

State-owned FCI plans to sell 10.13 lakh tonnes (lt) of wheat to bulk consumers in the sixth round of e-auction to be held on Wednesday as part of the government's measures to check wheat and atta prices.

The Centre has announced the sale of 50 lt of wheat in the open market to control prices. Of this, 45 lt have been earmarked for bulk consumers, including flour millers.

Food Corporation of India (FCI) has sold 28.85 lt of wheat to bulk consumers in the five rounds of e-auction held so far.

According to a senior government official, FCI will offer 10.13 lt of wheat to bulk consumers in the sixth round of e-auction to be held on March 15.

FCI will offer wheat from its 620 depots.

In the last round, FCI sold 5.39 lt of wheat to bulk consumers, including flour millers, under the Open Market Sale Scheme (OMSS).

The official said that the sale of wheat in open market has helped in reduction of wheat and atta prices in the country.

Published on March 14, 2023 10:18

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