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Feb 21, 2023, 06.00 PM

Centre announces release of 50 LMT wheat under OMSS (D) 2023

Secretary, DFPD held a Video Conference meeting with Food Corporation of India and the representatives of Flour Millers/ Associations/Federations/ Atta, Suji product manufacturers on 21.02.2023, to review the lifting of stocks in 2nd auction conducted under OMSS (D), 2023.

The reduction in reserve price along with additional offloading of 20 LMT of wheat will collectively help in reducing market price of wheat and wheat products for consumers.

Government of India has decided that Food Corporation of India (FCI) may offload additional quantity of 20 LMT of wheat in open market under OMSS (D) 2023 for sale through E-auction to flour mills/private traders/bulk buyers/manufactures of wheat products like previous years. Thus, so far 50 LMT (30+20 LMT) of wheat have been decided to offload under OMSS (D), 2023.

The reduction in reserve price along with additional offloading of 20 LMT of wheat will collectively help in reducing market price of wheat and wheat products for consumers.

Secretary, DFPD held a Video Conference meeting with Food Corporation of India and the representatives of Flour Millers/ Associations/Federations/ Atta, Suji product manufacturers on 21.02.2023, to review the lifting of stocks in 2nd auction conducted under OMSS (D), 2023. Besides, the flour mills were advised to bring down the prices of atta and other products in line with the reduction in market prices of wheat.

It is pertinent to mention that the meeting of Committee of Minister under chairmanship of Hon’ble Home Minister, Shri Amit Shah, was held on 25.01.2023 to review the prices of essential commodities. Committee decided to release 30 LMT wheat from FCI stock through Open  Market Sale Scheme (OMSS)

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