The Food Corporation of India (FCI), through its Open Market Sale Scheme-Domestic (OMSS-D), will sell food grains (wheat) in the open market at subsidised prices fixed by the Union Ministry of Consumer Affairs, Food & Public Distribution through e-auction in order to control the price in the market. Under the scheme, FCI will sell the wheat to processors/flour millers of wheat products only through e-auction, and traders and bulk buyers would not be allowed to take part.
An eligible bidder can bid for a minimum quantity of 10 MT and for maximum quantity of 200 MT. The maximum quantity of 200 MT is against one PAN card and GST/Trade Tax Registration, of the State/UT concerned.
FCI AP Region General Manager Chandrasekhar Joshi, in a press release on Monday, stated that the Department of Food & Public Distribution has decided to offload 2.50 Lakh metric tonnes (LMT) of wheat at a price of ₹21.50 a kg to semi-government and cooperative organisations such as Kendriya Bhandar, National Cooperative Consumers’ Federation of India Limited (NCCF) and National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) under the OMSS (D) for converting said allocated wheat to atta and offer it for sale to the public under ‘Bharat Atta’ brand at an MRP not exceeding ₹27.50 a kg, he said.
