Ministry of Consumer Affairs, Food and Public Distribution and New & Renewable Energy has announced a significant revision in the Open Market Sale Scheme (Domestic) [OMSS(D)] Policy for the year 2024-25. This policy aims to enhance food security and ensure efficient distribution of rice to various stakeholders.
The following key decisions have been taken under the revised policy:
- Fixation of Reserve Price for Rice: The reserve price of rice has been fixed at ₹2,250 per quintal (Pan-India) for sale to State Governments, State Government Corporations, and Community Kitchens, without the requirement of participating in e-auctions.
- Ethanol Production Support: The reserve price of rice for sale to ethanol distilleries for the production of ethanol has also been fixed at ₹2,250 per quintal (Pan-India).