Published By: Mohammad Haris
Last Updated: December 16, 2023, 15:31 IST
While the reserve worth of wheat for e-public sale gross sales is Rs 2,150 per quintal, it’s Rs 2,900 per quintal for non-fortified rice. (Photo: News18)
The Open Market Sales Scheme (home) had been accomplished by the e-public sale portal of M-junction, says FCI Deputy General Manager (West Bengal area) Pradeep Singh
The Food Corporation India (FCI) has offered 4.29 lakh metric tonnes of wheat and 14,760 metric tonnes of non-fortified rice by 25 open market e-auctions in West Bengal from June to December this yr, an official of the company stated on Saturday.
FCI Deputy General Manager (West Bengal area) Pradeep Singh stated the Open Market Sales Scheme (home) had been accomplished by the e-public sale portal of M-junction.
“In a bid to stabilise the prices of the cereals and also to increase affordability for the general public, the FCI has sold 4.29 lakh metric tonnes of wheat and 14,760 metric tonnes of non-fortified rice in West Bengal through 25 open-market e-auctions from June to December this year,” Singh stated.
The FCI can even proceed to produce the staples by the general public distribution system (PDS) free of value, he stated.
While the reserve worth of wheat for e-public sale gross sales is Rs 2,150 per quintal, it’s Rs 2,900 per quintal for non-fortified rice.
Singh stated fortified rice is equipped by the PDS solely, and never by way of the e-public sale route.
“West Bengal is a wheat-deficit state but self-sufficient in rice production. For the state, wheat is procured from Haryana, Punjab and Madhya Pradesh at the prevailing minimum support price (MSP) of Rs 2,275 per quintal for marketing season 2024-25,” he stated.
While wheat is procured from the farmers in the course of the Rabi season, rice is bought in the course of the Kharif season, he stated.
According to the official, differentiation in the quantum of buy of wheat and rice by the e-public sale route has additionally been made for large and small processing models.
Singh stated the FCI has additionally requested the processors to not maintain shares over and above the month-to-month processing capability whereas bidding for tenders.
He stated the following scheduled e-public sale will likely be held on December 20, when 30,000 metric tonnes of wheat and 9,000 metric tonnes of non-fortified rice will likely be provided on the market by the open market route in West Bengal.
Every week, the same quantity of wheat is obtainable on the market by the open market, he added.
(This story has not been edited by News18 workers and is printed from a syndicated information company feed – PTI)
