OMSS Wheat Sales Likely Soon: Sources

22-Nov-2024 12:21 PM

OMSS Wheat Sales Likely Soon: Sources
★ According to sources, Wheat Sales under the Open Market Sale Scheme (OMSS) are expected to begin in first or second week of December.
★ Around 100 metric tonnes per miller per week may be allocated.
Reasons for Early Tender Issuance:
1. High market prices of wheat.
2. Rising inflation in wheat and wheat-based products.
3. Storage space shortages in some states before upcoming wheat harvest.

★ This information is based on inputs from reliable sources, but the final details will only be confirmed once the tender is officially released.
★ Stakeholders are advised to proceed with discretion.