FCI Actively Selling Large Rice Stocks

23-Oct-2025 11:49 AM

New Delhi. A large outstanding stock of rice exists in the central pool, and government procurement of Kharif paddy has already begun, which will lead to a continuous increase in rice stocks in the coming days.

Consequently, the Food Corporation of India (FCI) is concerned about storage and has launched a vigorous effort to accelerate rice sales.

A plan has been developed to sell the highest quality rice, including Sela, directly to consumers at the annual trade fair in Delhi, starting November 14th. This will help plan future rice retail sales and provide insight into consumer sentiment.

Furthermore, the Food Corporation of India has formulated a plan to increase rice sales from the central pool. Traders will be allowed to purchase rice in bulk (at least 10,000 tons) directly from their nearest depot through tenders, saving buyers from transportation costs.

According to official sources, the first tender for 4.60 lakh tonnes of rice under the bulk sale was issued on October 17, with a reserve price of Rs 2,800 per quintal.

It was opened on October 22. It is worth noting that under the Open Market Sale Scheme (OMSS), each bidder is allowed to purchase from 1 tonne to 7,000 tonnes of rice, whereas the bulk sale has unlimited rice purchases, allowing buyers the opportunity to purchase large quantities.

In the e-auction, each bidder can bid for a minimum of 10,000 tonnes and a maximum of 50,000 tonnes of rice. This will help the Food Corporation of India reduce its large rice stocks.