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The Hindu
The Hindu
National
The Hindu Bureau

FCI urges wheat flour mills in Karnataka to participate in e-auction to get benefit of lower price

FCI Karnataka

Food Corporation of India (FCI) has urged small and medium wheat flour mill operators in Karnataka to buy wheat from its godowns through e-auction to avail the benefit of price difference.

According to Bhupendra Singh Bhati, General Manager, FCI, Karnataka, “The reserve price of wheat has been fixed at ₹2,150 per quintal for Fair and Average Quality (FAQ), and ₹ 2,125 per quintal for Under Relaxed Specifications (URS) variety, for pan-India up to December 31, 2023.”

Wheat sold through FCI is of fine quality, but much cheaper than that available in the open wholesale market.

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