The Food Corporation of India (FCI) is in the process of selling 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 with an aim to curb rising inflation by controlling the prices of food grains from spiralling in the market.
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 open market sale scheme of the Ministry of Consumer Affairs, Food and Public Distribution through FCI, the Centre is offering wheat to processors, atta chakki, flour millers of wheat products through e-auction. However, traders and bulk buyers are not allowed to participate in the auction, according to a statement issued by the FCI here.
