AreaIndia

Commodity GroupGrains

CommodityWheat

Date30/04/2019

Policy CategoryConsumption and marketing

Policy InstrumentGovernment market intervention

DescriptionAnnounced the reserve price of wheat for sale under the open market sale scheme (OMSS) for the first quarter of MY 2019/20 (April-June) at INR 20 800 (USD 301) per tonne, with an increment of INR 550 (USD 8) per tonne in the subsequent three quarters.