- States can purchase rice from Food Corporation of India (FCI) under the OMSS Domestic without participating in the e-auction from August 1, 2024.
- It aims to reduce the huge surplus of stocks prior to the commencement of the new procurement season.
- OMSS – Domestic refers to offering of food grains (wheat & rice) in the open market at prices, fixed by the Ministry of Ministry of Consumer Affairs, Food & Public Distribution through e-auction.
- It aims to control the price in the market with the aim to curb inflation.
