Open Market Sale Scheme
Food Corporation of India sells surplus stocks of wheat and rice under Open Market Sale Scheme (Domestic) at pre-determined prices through e-auction in the open market from time to time to enhance the supply of food grains, especially wheat during the lean season and thereby moderate the open market prices specially in the deficit regions. Quantum for sale of wheat and rice under OMSS(D) during 2020-21 has been fixed as 150 LMT and 50 LMT, respectively.
Sale of food grains , reserveprice & MSP under OMSS (D) during the last 5 years
Total Sale ( in LMT)
MSP (in Rs./Qtl)
Reserve Price (in Rs./Qtl)
Rice(MSP derived price)
|2785/- upto 30.12.2019|
2250/- from 31.12.2019
Open Market Sale Scheme (OMSS) refers to selling of foodgrains by Government / Government agencies at predetermined prices in the open market from time to time to enhance the supply of grains especially during the lean season and thereby to moderate the general open market prices especially in the deficit regions.
In addition to maintaining buffer stocks and making a provision for meeting the requirement of the Targeted Public Distribution Scheme and Other Welfare Schemes (OWS), Food Corporation of India (FCI) on the instructions from the Government, sells wheat and rice in the open market from time to time to enhance the supply of wheat and rice especially during the lean season and to moderate the open market prices especially in the deficit regions. For transparency in operations, the Corporation has switched over to e- auction for sale under Open Market Sale Scheme (Domestic). The FCI conducts a weekly auction to conduct this scheme in the open market using the platform of commodity exchange NCDEX (National Commodity and Derivatives Exchange Limited). The State Governments/ Union Territory Administrations are also allowed to participate in the e-auction, if they require wheat and rice outside TPDS & OWS.
The present form of OMSS comprises 3 schemes as under:
(i) Sale of wheat to bulk consumers/private traders through e-auction.
(ii) Sale of wheat to bulk consumers/private traders through e-auction by dedicated movement.
(iii) Sale of Raw Rice Grade ‘A’ to bulk consumers/private traders through e-auction.