FCI to release 50,000 MT additional wheat

New Delhi, March 17 | Updated: Mar 18 2006, 06:17am hrs
The Food Corporation of India (FCI) would be releasing additional 50,000 metric tonne (MT) of wheat in March 2006 for sale in the open market. While 20,000 tonne will be released for Delhi, 10,000 tonne will be released for Haryana. For Jammu & Kashmir, Andhra Pradesh, Karnataka and Tamil Nadu each 5,000 tonne will be released.

With this additional release of 50,000 MTs, the total releases during January to March, this year stand at 698,000 tonne, an official press release said. The official press release also said that while open market wheat prices have started softening in the northern states, the prices are relatively high in the southern states.

The department of food would also be considering further releases for open market sales in April 2006.