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OMSS
Decoding govt’s wheat strategy: Can higher procurement push and export quota hike lift the sector?Experts say wheat procurement may be constrained by limited storage, while exports remain largely uncompetitive globally.- Flour millers' body calls for greater policy stability, stronger industry-government coordinationNavneet Chitlangia highlighted the need for stock transparency, predictable OMSS policies, export flexibility, and liquidity support to ens...
- No need for wheat open market sale as supplies comfortable, prices stable: Food SecretaryFood Secretary Sanjeev Chopra stated that there's no immediate requirement to sell wheat from government reserves through the Open Market S...
- Centre slashes FCI rice price by Rs 550 per quintal to Rs 2,250 for states, ethanol makers under OMSSThe Centre lowers the reserve price of FCI rice under OMSS by Rs 550 per quintal to Rs 2,250 for states and ethanol producers to support fo...
- FCI eases norm for rice OMSS to contain pricesRice inflation is a concern, so we are relaxing the OMSS norms further to encourage more participation, said Ashok K Meena, chairman & MD, ...
- Rice inflation: FCI chief says PDS rice quality good; appeals traders to buy grain under OMSSFCI Chief Ashok K Meena expressed concern over rice inflation and urged traders to buy rice under the Open Market Sale Scheme (OMSS) to boo...
- Government increases bid quantity to 200 tonne under OMSS wheat to stabilise wheat, flour pricesFood Corporation of India, the government's nodal agency for procurement and distribution of foodgrains, is offloading wheat from its buffe...
- Govt to offload additional 50 lakh tons wheat, 25 lakh tons rice under OMSS to check pricesThe government on Wednesday announced that it will sell additional 50 lakh tonnes of wheat and 25 lakh tonnes of rice from the central pool...
- Rice sale under OMSS sees lukewarm response; govt says open to tweak policyThe Centre on Monday said there has been a lukewarm response to the sale of rice to small traders under the open market sale scheme in the ...
- Modi govt 'anti-poor', says Congress on Centre discontinuing sale of food grains under OMSS to state govtsAccusing the Modi government of being "anti-poor", the Congress on Wednesday said the Centre discontinued the sale of food grains from the ...
- Centre discontinues sale of rice, wheat under OMSS to state govts to check price riseThe Centre has discontinued the sale of rice and wheat from the central pool under the Open Market Sale Scheme (OMSS) to state governments,...
- A total of 2.347 MT wheat sold under OMSS: Food MinistryThis led to an abnormal increase in the price of the food grain, compelling the government to sell wheat under the open market sales scheme...
- Government may reduce reserve price of wheat auction from Rs 2,350 to Rs 2,200 per 100 kgThirty lakh million tonnes of wheat has been offered for sale from the first week of February under OMSS and first tenders were floated by ...
- Govt mulls offloading 15-20 lakh tons of wheat from FCI to contain prices in 2023Another source said there is a possibility of releasing wheat under the OMSS as the government is comfortable with the foodgrains' stock po...
- Govt revises OMSS policy; restores transportation charges: Food Secretary Sudhanshu PandeyUnder the OMSS policy, the government allows state-run Food Corporation of India (FCI) to sell foodgrains, especially wheat and rice, at pr...
- Government plans to sell 7-8 million tonnes of wheat at Rs 1,890/quintal to bulk consumersAccording to sources, the open market sale scheme (OMSS) is likely to be launched for disposal of wheat for the 2018-19 marketing year (Apr...
- Food Ministry to seek CCEA nod for additional 3 million tonne OMSS wheat saleFood Ministry is looking to sell additional 3 mn tonne wheat in the open mkt to bulk consumers, a move aimed at containing price rise & off...
- Traders expect cheaper wheatTraders are expecting the Centre to lower prices of wheat sold through the Open Market Sale Scheme (OMSS) to retail consumers.
- Food egom on June 25, new OMSS on agendaCaught in a fix over open market grain prices being propped up by expensive government rates for the Open Market Sales Scheme (OMSS-d), the...
- Something amiss with OMSS: High govt sale price keeps wheat burningInstead of dampening prices, the Centre’s OMSS has in fact been propping up high prices for wheat.
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