FCI to sell 10.13 lakh tonnes of wheat to bulk users on Wednesday via e-auctions

Synopsis Food Corporation of India has sold 28.85 lakh tonnes of wheat to bulk consumers in the five rounds of e-auction held so far. According to a senior government official, FCI will offer 10.13 lakh tonnes of wheat to bulk consumers in the sixth round of e-auction to be held on March 15. FCI will […]

Govt slashes wheat reserve price to reduce flour price

Synopsis To reduce the price of wheat and atta, the Department of Food & PD, in consultation with Ministry of Finance on Friday decided that the reserve price for sale of wheat under OMSS will be Rs 2350/Qtl (Pan India) for FAQ and Rs. 2300/Qtl (Pan India) for URS wheat of all crops including RMS […]