"Government to Cease OMSS Sales in Northern States from March 1st, 2024, Continuing Subsidized Bharat Atta Distribution"

Wheat

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As per a recent update by the Government, OMSS sales would discontinue after March 1st, 2024 in northern states. They mentioned that “There is no point to continuing OMSS as the reserve price of wheat in the weekly e-auction has been fixed at ₹2,125-2,150/quintal whereas the government will buy at the new MSP which is ₹2,275. In case of continuation of OMSS, there is a scope of recycling and the same grain coming into the government reserve again.” However, the sale of subsidized Bharat Atta, priced at ₹27.50 per kilogram in 10-kilogram bags, will continue, with a target of selling 15 LMT over the next 4-5 months. Since its launch in November 2023, the government has already sold 3.5 LMT of Bharat Atta. The Food Corporation of India (FCI) provides wheat to cooperatives at ₹1,715 per quintal for processing into atta and packaging under the 'Bharat' brand for retail distribution.