The Indian government has decided to raise the reserve price for wheat and rice, including brokens, to be sold under the open market sale scheme (OMSS). This includes broken rice to produce ethanol by distilleries.
The Committee of Secretaries (CoS), at its meeting on June 26, also fixed a reserve price for coarse grains to be sold through OMSS and will be valid till June 30, 2026. In addition, the Department of Food and Public Distribution (DFPD) will add transportation costs to the reserve price.
An office memorandum from the Ministry of Finance, seen by businessline, said wheat will be sold through OMSS at ₹2,550 a quintal for all crop years, including 2025-26 rabi marketing season, against ₹2,325 fixed for fair average quality (FAQ) and ₹2,300 for under relaxed specifications (URS) wheat till now.
