What is the impact of OMSS on the sale of foodgrains by FCI

Exploring the impact of OMSS on the quantity of foodgrains sale by FCI.
The Open Market Sale Scheme (OMSS) introduced by the Food Corporation of India (FCI) has had a positive impact on the sale of food grains. Here are some specific points:
  • OMSS allows surplus foodgrains to be sold in the open market, helping to reduce market prices and prevent their wastage due to storage issues.
  • Due to the availability of affordable food grains in the market, the demand for FCI's foodgrains has increased.
  • The OMSS has also helped to reduce the government's holding costs, as the food grains can be sold quickly in the open market.
  • This has allowed the FCI to transfer foodgrains from surplus-producing areas to deficit areas, ensuring food security across the country.
  • The scheme has also improved the competitiveness of FCI, as it is now able to compete with private sellers in the open market.
Overall, the OMSS scheme has had a positive impact on the sale of foodgrains by FCI, allowing the corporation to effectively manage surplus food grains while reducing government holding costs.
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