Open Market Sale Scheme (OMSS)
- 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.
- It aims to enhance the supply of food grains, especially wheat during the lean season and thereby moderate the open market prices, especially in the deficit regions.
- OMSS comprises 3 schemes: (1) Sale of wheat to bulk consumers/private traders through e-auction, (2) Sale of wheat to bulk consumers/private traders through e-auction by dedicated movement and (3) Sale of Raw Rice Grade ‘A’ to bulk consumers/private traders through ....
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