FCI to conduct sale of rice for bulk buyers
The Food Corporation of India (FCI), Regional Office, North Eastern Frontier Region offers FRK rice for Meghalaya and Mizoram through Open Market Sale Scheme OMSS(D) with effect from August 7, 2024.
The E-Auction starts from 11am and closes at 2pm on August 7, 2024 in the MJUNCTION portal.
The FCI North Eastern Frontier Region informed that it has sufficient quantity of rice stocks to continuously offer the rice under this scheme.
The NIT (Notice Inviting Tender) will be uploaded on every Friday in MJUNCTION Portal followed by Auction on successive Wednesday.
For the upcoming E-auction dated August 7, 2024, a quantity of 25000 quintal FRK Rice from Meghalaya and 20000 quintal FRK Rice from Mizoram will be offered.
It may be mentioned that the government of India through FCI is offering rice in the open market through OMSS(D) for price stabilisation with effect from August 7, 2024 on a weekly basis.
The reserve price of rice is Rs. 2800 per quintal (Rs. 73 /- per quintal will be added to the reserve price for fortified rice) for all crop years plus applicable transportation cost and taxes for sale to private parties.
Traders/Bulk buyers/Manufacturers of Rice products can bid for a minimum of 1 MT and maximum bidding quantity per bidder for all the depots put together in a single E-Auction of rice in a region shall not exceed 2000 MT.
To benefit the consumers and general public at large FCI North Eastern Frontier Region expects more participation from the local empanelled (registered) buyers for the upcoming auction.
Bidding would be allowed in a State against the GST/TRADE TAX REGISTRATION registered in that State/UT only.
For more information, interested Bidders may contact the help desk at 1800 102 7136 provided by M/s MJunction Services Ltd. or http://www.valuejunction.in/fci for empanelment and bidding through E-auction.
Source Link : https://highlandpost.com/fci-to-conduct-sale-of-rice-for-bulk-buyers/
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