India govt offers broken rice at ₹2,100/quintal under OMSS policy for July-Sept quarter
The Indian government has fixed a reserve price of ₹2,100 per quintal for broken rice sold under the OMSS-D scheme. The price applies to both raw and parboiled broken rice in auctions held until September 30, aiming to standardize government sales.
The Indian Government has fixed reserve price of ₹2,100 per quintal for the sale of broken rice to all under the Open Market Sale Scheme-Domestic (OMSS-D) for the July-September quarter.
The announcement follows the outcome of the Dynamic Reserve Price Committee meeting held on , August 20. This is the first time the government has fixed the price.
“Reserve price at ₹2,100 per quintal has been fixed for both raw and parboiled resultant broken rice for the quarter July-September 2006. The reserve price will apply to auctions conducted till September 30, irrespective of the actual lifting period,” the Ministry of Food and Consumer Affairs said in a note.
To Read more about Rice News continue reading Agriinsite.com
Source : The Hindu Businessline
