The Commerce Ministry's Foreign Trade Department will call for bids on a total of 753,855.67 tonnes of different grades of rice and paddy from the state's stockpiles, reports said on Tuesday.
The winners are required to export the grain or sell locally, with varyibg conbditiobns. Tenders will be called on Aug 28, the reports said.
The government earlier failed to release its stockpile of over 11 million tonnes of rice pledged to the government and carries stocks of paddy from the crop year 2005/06. The failure was attributed to the low prices offered by bidders.
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