e-auction
India's Rice Production Likely To Dip, Wheat Sees Growth
Food Government News

FCI Boosts Market Supply Through E-auctions Of Wheat, Rice

In a proactive measure to enhance the availability of essential commodities in the open market and mitigate inflationary trends, the Food Corporation of India (FCI) has successfully conducted 25 e-auctions, resulting in the sale of 48.12 Lakh Metric Tons (LMT) of wheat under the Open Market Sale Scheme (Domestic). According to a press release by […]

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More Than 2,000 Bidders Purchase 2.84 LMT Wheat & 5,830 MT Rice In E-auction Under OMSS
Government National News

More Than 2,000 Bidders Purchase 2.84 LMT Wheat & 5,830 MT Rice In E-auction Under OMSS

As a part of Government of India initiative for market intervention to control the retail price of rice, wheat and atta, weekly e auctions of both wheat and rice are organized. The 21th e-auction was held wherein 3 LMT wheat and 1.79 LMT rice was offered under Open Market Sale Scheme (Domestic) and 2.84 LMT wheat along […]

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Govt Imposes Stock Limits On Wheat To Curb Price Rise, Hoarding
Food Government News

Govt Directs FCI To Conduct E-auctions of Wheat, Rice To Check Inflation

Chairman and Managing Director of Food Corporation of India Ashok KK Meena said that the central government has directed the agency to conduct the e-auctions of wheat and rice to check the “inflationary trends” and to control the price of such staple foodgrains. The maximum quantity that a buyer can bid for is limited to […]

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