Today’s Business News Live: Domestic passenger vehicle sales dip 15% in November, wholesales show mixed trends

The government’s first weekly e-auction will be held on December 4 for 1 lakh tonnes (lt), which includes on offer a quantity of 5,000 tonnes each for Karnataka, Bihar, Gujarat, Haryana, Rajasthan and Maharashtra.

However, But the Food Corporation of India (FCI) has introduced new norms with the objective of keeping the processors out of the tender process if they have “excess stock”, which have created resentments among some millers who termed the conditions as ‘reward’ for some private parties for not buying in the open market.

Among other States, FCI is offering 14,000 tonnes in Uttar Pradesh, 12,500 tonnes in Punjab, 7,000 tonnes in West Bengal, 6,500 tonnes in Assam, 5,500 tonnes in Delhi, 4,000 tonnes in Madhya Pradesh and 3,000 tonnes each in Jharkhand and Tamil Nadu.

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