OMSS policy

India fixes wheat reserve value for open market sale at ₹2,300/quintal

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The Indian authorities has introduced the open market sale scheme (OMSS) coverage underneath which the reserve value of wheat has been fastened at ₹2,300 per quintal and rice at ₹2,800 per quintal. This time, the Authorities has mentioned transport prices shall be added to the reserve value, in contrast to final yr when there was … Read more

Forward of latest OMSS coverage, flour millers within the North oppose uniform pricing

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A gaggle of flour millers underneath the aegis of North Indian Flour Millers Federation (NIFMF) has urged the federal government to overview the present uniform pricing coverage underneath the Open Market Sale Scheme (OMSS) because it has affected market effectivity and discouraged non-governmental procurement. In a letter addressed to Meals Minister Piyush Goyal and Meals … Read more