he Centre has reduced the reserve price of rice under the Open Market Sale Scheme (OMSS) by Rs 550 per quintal, bringing it down to Rs 2,250 for state governments and ethanol producers. This move is intended to boost rice sales and support food security initiatives. The new price applies to state governments and state-run corporations, which can purchase up to 12 lakh tonnes, while ethanol distilleries are allowed to buy up to 24 lakh tonnes. Previously, the reserve price was Rs 2,800 per quintal for both groups. The revised pricing will be in effect until June 30, 2025, and will apply to FCI rice sold through weekly e-auctions. Private traders and cooperatives will continue to pay Rs 2,800 per quintal, while central cooperatives like Nafed, NCCF, and Kendriya Bhandar selling under the Bharat brand will pay Rs 2,400 per quintal. Additionally, the Ministry of Food has specified that the third cycle tender for about 110 crore litres of ethanol for the 2024-25 period must use FCI rice, prioritizing older stock where possible. The OMSS rice sales to states will be limited to non-surplus regions needing additional supplies. Sales of "Bharat" brand rice to private millers are restricted but are allowed for institutions like hostels, religious establishments, hospitals, and charitable organisations. The policy aims to improve food security and ensure the efficient distribution of rice, with a particular focus on supporting states welfare initiatives and encouraging ethanol production. This revision follows slower sales of rice compared to wheat under the OMSS, which seeks to stabilize prices and increase rice availability in the market.