Open Market Sale Scheme (OMSS) — Proposed Details

17-Jun-2025 09:47 AM

Open Market Sale Scheme (OMSS) — Proposed Details
★ Sale expected to begin shortly.
★ Indicative reserve price: Rs. 2,475 per quintal (freight and handling extra).
★ Last season, the reserve price was Rs. 2,325/qtl, but limited participation and strong demand pushed average auction prices to Rs. 3,031.6/qtl.
★ About 3 million tonnes of wheat were sold under OMSS last year.
★ For the current year, 7–9 million tonnes may be allocated; an initial smaller quota could be released and expanded later if needed.
★ Wheat availability in the central pool and the private trade is comfortable.
★ Early stock‑limit measures and the prospect of OMSS sales suggest timely interventions to keep prices in check and maintain supply.
★ This information is provided for update purposes only. Please await the official circular and act at your own discretion.