Besides, the flour mills were advised to bring down the prices of atta and other products in line with the reduction in market prices of wheat.
Food Corporation of India (FCI) may offload an additional quantity of 20 LMT of wheat in the open market under the Open Market Sale Scheme (OMSS) 2023 for sale through e-auction to flour mills, private traders, bulk buyers and manufacturers of wheat products like previous years. So far 50 LMT of wheat have been decided to offload under OMSS
The reduction in reserve price along with the additional offloading of 20 LMT of wheat will collectively help in reducing the market price of wheat and wheat products for consumers.
Secretary, DFPD held a Video Conference meeting with the FCI and the representatives of flour millers, associations, federations, atta and suji product manufacturers to review the lifting of stocks in the second auction conducted under OMSS 2023.
Besides, the flour mills were advised to bring down the prices of atta and other products in line with the reduction in market prices of wheat.
