1. The Open Market Sale Scheme (OMSS) is a government initiative in which surplus food grains procured by agencies like the Food Corporation of India (FCI) are sold to bulk consumers like industrial units, flour mills, and traders. 2. The scheme was introduced to manage excess stocks of food grains, particularly wheat and rice, and prevent wastage. 3. OMSS helps the government earn revenue from surplus stocks, reduce carrying costs, and maintain stable prices in the market. 4. However, the Centre has imposed restrictions on OMSS due to several reasons: - Ensuring food security: The government needs to maintain an adequate buffer stock to meet any exigencies or to distribute food grains through schemes like the Public Distribution System (PDS). - Controlling inflation: By limiting OMSS, the government aims to prevent a sudden increase in the open market supply, which could lead to inflationary pressure and soaring prices. - Balancing market dynamics: Restricting OMSS ensures that private traders and consumers have equal access to food grains in the market, preventing any monopolistic practices. - Encouraging local procurement: The restrictions also promote the purchase of food grains directly from farmers, supporting local agricultural economies. 5. By implementing these restrictions, the government aims to strike a balance between managing surplus stocks, maintaining stability in food prices, and ensuring food security for the general population.