State-owned Food Corporation of India (FCI) sold 1.66 lakh tonnes of wheat and 17,000 tonnes of rice in the 11th round of e-auction under the Open Market Sales Scheme (OMSS) last week. The government took control of retail prices in June.
In the 11th e-auction held on September 6, a total of 2 liters of wheat from 500 warehouses and 4.89 liters of rice from 337 warehouses were auctioned across the country, the Ministry of Food said in a statement on Monday.
The weighted average selling price of FAQ (fair and average quality) wheat was Rs 2,169.65 per quintal as against the pan-India floor price of Rs 2,150; the weighted average selling price of URS (relaxed specification) wheat was Rs 2,150.86 per quintal. The price is Rs 2,125, the ministry said.
Wholesale prices flat
In case of rice, the weighted average selling price was Rs 2,956.19 per quintal as against the floor price of Rs 2,952.27.
The government also said that the all-India average retail price of wheat remained unchanged at Rs 30 per kg and atta (wheat flour) at Rs 35.62 per kg on September 10, as compared to Rs 30.39 per kg for wheat and 35.72 per kg for atta in the same period last year. rupee. . However, the retail price of rice on September 10 was 42.26 rupees/kg, higher than the 37.44 rupees/kg in the same period last year.
In August, the government announced the sale of an additional 50 liters of wheat and 25 liters of rice from the central reserve in the open market to bulk buyers to curb grain prices.