The role of the Government in controlling inflation in India is crucial to ensure price stability and maintain sustainable economic growth. Here are the ways in which the Central Government can check price rise by discontinuing the sale of rice and wheat to States under the Open Market Sale Scheme (OMSS):

• Supply management: By discontinuing the sale of rice and wheat to States under OMSS, the government can control the supply of these essential commodities in the open market. This can help in managing the overall supply-demand dynamics and prevent excessive price rise.
• Price signaling: This action by the government can send a signal to the market that the supply of rice and wheat may be constrained. Such a signal can discourage hoarding and speculative activities, which can further help in curbing price rise.
• Targeted interventions: The government can redirect the resources saved from discontinuing the sale of rice and wheat to states towards targeted interventions, such as direct subsidies or welfare programs, to provide relief to vulnerable sections of society affected by price rise.
• Policy coordination: By adopting such measures, the Central Government can promote better coordination and cooperation with State Governments regarding key policy actions to address inflation. This can lead to more effective implementation of measures to control price rise.

Overall, by discontinuing the sale of rice and wheat to States under OMSS, the Central Government can play a significant role in checking price rise and ensuring inflation control in India.