Mumbai, 06th August 2024

Ministry of Consumer Affairs, Food and Public Distribution, through Department of Food and Public Distribution, has issued a policy for the Open Market Sale Scheme (Domestic) [OMSS (D)] for FY 2024-25. The policy was issued vide letter dated 09.07.2024.

As part of the policy, tenders will be issued on a weekly basis, inviting bids from traders, empanelled bulk buyers, and manufacturers of rice products for the sale of rice stored in various depots across the West Zone.

Key highlights of the policy:

Tender and Auction Schedule: The first tender has been issued on August 2, 2024, with the e-auction scheduled for August 7, 2024. The auction will be conducted for rice commodities.

Participation Guidelines: Each bidder is allowed only one participation per bid in a region against a single PAN number per week. This restriction applies regardless of the number of firms registered under the same PAN, multiple GST registrations, or branch offices across different states.

Quantity Limits: The maximum quantity a buyer can bid for is capped at 2000 Metric Tons under the policy guidelines.

Pricing Structure: The price for food grains in the tender will consist of the reserve price plus additional costs, including transportation, fortification costs (for Fortified Rice Kernel [FRK] rice), and applicable taxes.

 

DL/PM

 

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