Open Market Sale Scheme (Domestic) Policy:
The Ministry of Consumer Affairs, Food & Public Distribution announced key revisions to the Open Market Sale Scheme (Domestic) (OMSS(D)) policy for 2024-25. These changes aim to improve food security and support ethanol production in India.The OMSS involves the periodic sale of surplus food grains (wheat and rice) from the central pool managed by the Food Corporation of India (FCI).The grains are sold to dealers, bulk consumers, and retail chains through e-auctions at prices set by the Ministry of Consumer Affairs, Food & Public Distribution.The scheme helps curb inflation and stabilize food grain prices meeting the needs of the Targeted Public Distribution System (TPDS) and Other Welfare Schemes.
