{"id":12120,"date":"2023-12-16T14:10:33","date_gmt":"2023-12-16T14:10:33","guid":{"rendered":"https:\/\/ricenewstoday.com\/?p=12120"},"modified":"2023-12-16T14:11:04","modified_gmt":"2023-12-16T14:11:04","slug":"traders-can-bid-for-up-to-2000-mt-of-rice-govt","status":"publish","type":"post","link":"https:\/\/ricenewstoday.com\/dev\/traders-can-bid-for-up-to-2000-mt-of-rice-govt\/","title":{"rendered":"Traders can bid for up to 2,000 MT of rice: Govt"},"content":{"rendered":"\n<p>The move is meant to encourage more participation of rice traders and processors under the OMSS.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"640\" height=\"360\" src=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/12\/image-20.png\" alt=\"\" class=\"wp-image-12121\" srcset=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/12\/image-20.png 640w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/12\/image-20-600x338.png 600w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/12\/image-20-300x169.png 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p>As per data avaliable on the Department of Consumer Affairs\u2019 website, the all-India daily average retail price of rice was Rs 43.29 per kg against Rs 37.87 per kg a year ago.<\/p>\n\n\n\n<p>Amid rising rice prices, the Food Corporation of India (FCI) Friday doubled the maximum bidding quantity under the Open Market Sale Scheme (OMSS) to 2,000 tonnes per bidder and reduced the minimum bid quantity to 1 tonne from 10 tonnes.<\/p>\n\n\n\n<p>The move is meant to encourage more participation of rice traders and processors under the OMSS.<\/p>\n\n\n\n<p>\u201cThe rice offered under the Central pool is of excellent quality, and traders are invited to actively engage in e-auctions to ensure easy and affordable availability for consumers in the market,\u201d the Union Food Ministry said in a statement Friday.<\/p>\n\n\n\n<p>The ministry said that of the 25 lakh metric tonnes (LMT) of rice allocated by the government under the OMSS, 1.19 LMT has so far been sold.<\/p>\n\n\n\n<p>As per data&nbsp; avaliable on the Department of Consumer Affairs\u2019 website, the all-India daily average retail price of rice was Rs 43.29 per kg against Rs 37.87 per kg a year ago.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The move is meant to encourage more participation of rice traders and processors under the OMSS. As per data avaliable on the Department of Consumer Affairs\u2019 website, the all-India daily average retail price of rice was Rs 43.29 per kg against Rs 37.87 per kg a year ago. Amid rising rice prices, the Food Corporation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12121,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176],"tags":[46,167,159],"class_list":["post-12120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-asian-rice","tag-indian-rice","tag-global-rice-news"],"acf":{"enable_premium_overlay":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Traders can bid for up to 2,000 MT of rice: Govt - Rice News Today<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Traders can bid for up to 2,000 MT of rice: Govt - Rice News Today\" \/>\n<meta property=\"og:description\" content=\"The move is meant to encourage more participation of rice traders and processors under the OMSS. 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