21st E -Auction was held on Nov 15


21st e-auction was held on November 15, wherein 3 lakh tonnes of wheat and 1.79 lakh tonnes of rice were offered under Open Market Sale Scheme (OMSS) Domestic, the food ministry said. He elaborate on that 2.84 lakh tonnes of wheat along with 5,830 tonnes of rice were sold to 2,334 bidders from its buffer stock to control the retail price of rice, wheat and atta, weekly e- auctions of both wheat and rice are conducted by the government.

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The ministry said the weighted average selling price was Rs 2,246.86 per quintal for Fair Average Quality (FAQ) wheat against the reserve price of Rs 2,150 per quintal pan India whereas weighted average selling price of Under Relaxed Specification (URS) wheat was Rs 2,232.35 per quintal against the reserve price of Rs 2,125 per quintal.

Moreover, 2.5 lakh tonnes of wheat have been allocated to semi-government and cooperative organisations like Kendriya Bhandar, NCCF, NAFED under OMSS (D) for converting wheat to atta and offer it for sale to the public under ‘Bharat Atta’ brand at a Maximum Retail Price (MRP) not exceeding Rs 27.50 per kilogram, the ministry said.

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