Govt offer 20 lakh tons rice in open market sale plan FY19

Sale of rice reserve price of rice will be taken as s. 2500/- per quintal for auction up to 30th sept. 2018. From 1st October 2018, it will be taken as Rs. 2500/- per quintal or MSP derived price, whichever is higher. Quantum of 20 LMT of Grade ‘A’ rice has been kept for sale under OMSS during 2018-19.

Govt offer 10 million tons wheat in open market sale plan FY19.

1st e-auction for sale of wheat and rice for the year 2018-19 shall be conducted on 19 July 2018 and the notice for the same shall be published on 16 July 2018. For Madhya Pradesh, Punjab and Haryana, reserve price for wheat for second, third and fourth quarter of FY 2018-19 will be taken as Rs. 190/-, Rs. 1925/- and Rs. 1950/- per quintal respectively. For Other States, railway freight, ex-Ludhiana to the nearest railhead and road transportation cost from railhead to depot, where sale is undertaken, will be added in the above reserve price. This reserve price includes loading and handling charges for all types of sales including dedicated movement. Quantum for sale of wheat has been fixed as 10 million tons, however it may be reviewed by the department of Food and Public Distribution (DFPD). if offtake is more.