Data | Why Centre’s denial of rice through OMSS hits Karnataka the most
1 year, 8 months ago

Data | Why Centre’s denial of rice through OMSS hits Karnataka the most

The Hindu  

Ever since the Congress-led Karnataka government came to power, it has been struggling to meet one of its major pre-poll promises — the provision of five kg of rice to Below Poverty Line and Antyodaya card holders. The amount of rice supplied by the FCI for ethanol blending in 2022-23 was nearly six times more than the quantity of rice that all the States bought through the OMSS scheme. Under the OMSS, the FCI sells excess rice and wheat to bulk buyers, traders, and States to moderate market prices and to enhance supply during lean seasons. Karnataka Chief Minister Siddaramaiah tweeted that the FCI had responded to the State’s request for rice via a letter dated June 12, at the rate of ₹3,400 per quintal, just a day before the OMSS scheme was discontinued. As per the FCI’s 2023 policy, the reserve price of rice for ethanol production was ₹20/kg, much lower than the ₹34/kg at which it sells to States under OMSS.

History of this topic

Centre announces revised Open Market Sale Scheme (Domestic) Policy for 2024-25
2 months ago
Government reduces FCI rice price by Rs 550 per quintal under open market sale scheme
2 months ago
Karnataka: FCI ready to supply rice, beneficiaries to get five kg more
7 months ago
Centre to resume rice sale to states, pvt traders
8 months, 2 weeks ago
FCI to stabilise wheat and rice markets through OMSS
1 year, 6 months ago
FCI to release rice and wheat into open market to stabilise prices
1 year, 6 months ago
Govt to sell additional 5 million tonnes of wheat, 2.5 million tonnes of rice in open market to contain price rise
1 year, 7 months ago
Why are state governments complaining about denial of food grains under OMSS? | In Focus podcast
1 year, 8 months ago
Cong Says 'Unreasonable Restrictions' Placed on Sale of Rice Under OMSS 'Misfired' Badly
1 year, 8 months ago
Limits of expansion: The Hindu Editorial on the controversy over the Open Market Sale Scheme
1 year, 8 months ago
Centre-State tussle over the Open Market Sale Scheme likely to be discussed at Food Ministers’ meet
1 year, 8 months ago
Explained | What is the Open Market Sale Scheme and the Centre vs. states controversy over it?
1 year, 8 months ago
Centre says stoppage of rice and wheat supply to States is aimed at controlling inflation
1 year, 9 months ago
Centre says stoppage of rice and wheat supply to States is aimed at controlling inflation
1 year, 9 months ago
Centre checks price rise by discontinuing sale of rice, wheat to States under OMSS
1 year, 9 months ago
Govt. to offload additional 20 lakh tonnes of wheat in open market to cut prices
2 years, 1 month ago

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