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Government's bid to import rice from Myanmar flounders

2014-10-14 08:54:12| Agriculture - Topix.net

Summary The government's attempt to import about one lakh tonne of rice from Myanmar for the Targeted Pubic Distribution System The government's attempt to import about one lakh tonne of rice from Myanmar for the Targeted Pubic Distribution System in Manipur and Mizoram may not succeed, with the Food Corporation of India getting bids far higher than the expected price. Sources told FE that MMTC and STC, which floated the global tenders on behalf of FCI for importing rice, got average bids of around $600 per tonne against the expected $400 per tonne.

Tags: import bid rice governments

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