- Traders, bulk buyers not allowed to bid for wheat but allowed for rice
- Existing rate is Rs 2,150 per quintal for wheat (FAQ), Rs 2,125 per quintal for Wheat (URS), Rs 2,900 per quintal for normal rice and Rs 2,973 per quintal for fortified rice (Boiled/ Raw) with applicable taxes.
- Eligible parties/ bidders, who fulfil above prescribed criteria, are advised to take part in the e-auction through their respective States as the auction is being done on weekly basis
NE NEWS SERVICE
CHENNAI, SEPT 2
With an aim to curb rising inflation by controlling the prices of food grains from spiralling in the market, the Food Corporation of India (FCI) is planning to sell about 6 lakh tonnes of rice and wheat in the south zone as part of its open market sale scheme (OMSS) – domestic through e-auction.
Of the total of 5,98,369 tonnes, including 3,68,460 tonnes of rice and 2,29,909 tonnes of wheat, in Andhra Pradesh, Karnakata, Kerala, Tamil Nadu, Telangana, Puducherry and Andaman & Nicobar Islands being offered for sale, the regional offices of the FCI in these States and Union Territories has so far disposed of 82,960 tonnes of wheat and 1,080 tonnes of rice.
Under the Scheme, Govt. of India through Food Corporation of India (FCI), offers wheat to Processors / Atta Chalki / Flour Millers of Wheat Products only (Traders / Bulk Buyers are not allowed) through e-auction. An eligible bidder can bid for a minimum quantity of 10 MT to maximum of 100 MT in case of wheat. In the case of rice, traders are eligible and can bid a minimum quantity of 10 MT and maximum quantity of 1000 MTs.
The bidder must have valid FSSAI license, GST / Trade Tax Registration, PAN and they must declare his existing stock holding in the WSP Portal of Govt of India in the case of wheat.
All Regional offices of Food Corporation of India under Zonal Office (South), Chennai, ie., Andhra Pradesh, Karnataka, Kerala, Tamilnadu and Telangana, (including Puducherry and Andaman & Nicobar Islands) are offering wheat and rice from the stocks lying at FCI / agencies depots on every Friday through m-junction platform at http:// www.valuejunction.in/fci.
Existing rate is Rs.2150/- per quintal for wheat (FAQ), Rs.2125/-per quintal for Wheat (URS), Rs.2900/-per quintal for normal rice and Rs.2973/- per quintal for fortified rice (Boiled/ Raw) with applicable taxes.
Eligible parties/ bidders, who fulfil above prescribed criteria, are advised to take part in the e-auction through their respective States as the auction is being done on weekly basis.
