Mumbai, 5 August 2024
Food Corporation of India, Regional Office Maharashtra has started to offer Rice for sale from the first week of August 2024 under Open Market Sale Scheme – Domestic (OMSS-D).
Buyers willing to purchase Rice stocks may get empanelled themselves with FCI’s e-auction Service Provider “m-Junction Services Limited” https://www.valuejunction.in/fci/ and bid for Stocks. The empanelment process would be completed within 72 hours for any party who wish to register their names.
Total 20,000 MT Rice stock is being offered under all over Maharashtra region including Goa state for upcoming auction dated 07.08.2024. Traders/Bulk buyers/Manufacturers for rice can participate. The minimum quantity of 10 MT and maximum bidding quantity per bidder shall not exceed 1000 MT for Rice. OMSS (D) scheme will help containing the rising prices and will bring much relief to the common man.
OMSS
Open Market Sale Scheme (OMSS) – Domestic refers to offering of food grains (wheat & rice) in the open market at prices, fixed by the Ministry of Ministry of Consumer Affairs, Food & Public Distribution through e-auction in order to control the price in the market by providing food grains at reduced prices with the aim to curb inflation.
Under the Scheme, Govt. of India through Food Corporation of India (FCI), offers wheat to Processors / Atta Chalki / Flour Millers of Wheat Products only (Traders / Bulk Buyers are not allowed) through e-auction. An eligible bidder can bid for a minimum quantity of 10 MT to maximum of 100 MT in case of wheat. In the case of rice, traders are eligible and can bid a minimum quantity of 10 MT and maximum quantity of 1000 MTs.
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