Next e-auction of FCI wheat under OMSS to be held on Feb 15: Govt

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Next e-auction of FCI wheat under OMSS to be held on Feb 15: Govt - Business Standard

Quick Summary:

The next e-auction for the sale of FCI wheat to bulk consumers like flour millers under the open market sale scheme (OMSS) will be held on February 15, the Food Ministry said on Saturday.

However in a statement, the Food Ministry said: "The second sale of wheat through e-auction will be held throughout the country on 15th February on Wednesday".

State-run Food Corporation of India (FCI) has been mandated to sell 25 lakh tonnes of wheat from its buffer stock to bulk consumers under the OMSS in order to contain rising prices of wheat and wheat products in the country.