Centre Reduces FCI Rice Price under OMSS by ₹550/Quintal to Support States and Ethanol Producers
In a significant policy move, the Central government has slashed the reserve price of rice sold by the Food Corporation of India (FCI) under the Open Market Sale Scheme (OMSS) by ₹550 per quintal, bringing it down to ₹2,250. The reduction aims to bolster food security initiatives and promote ethanol production by making rice more accessible to key stakeholders. Read More