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Govt revises rice price by 20% in 10 days; to benefit ethanol producers, states



It is worth noting that the Karnataka government had been demanding extra rice from the Centre for its implementation of the Anna Bhagya Lakshmi scheme. Despite the state government offering to pay Rs 34 per kg in 2023, the Centre had not budged. However, in August 2024, after other states such as Tamil Nadu joined the demand for extra rice, the government was finally ready to provide extra rice at Rs 28 per kg.While what transpired in the government circles in the last 10 days is not known, it is being said that the ethanol industry was not willing to buy costly rice, prompting the government to take a call. Union Minister of Consumer Affairs, Food and Public Distribution, and New and Renewable Energy, Pralhad Joshi, announced the significant revision in the Open Market Sale Scheme (Domestic) (OMSS-D) Policy for 2024-25.“The revised OMSS-D policy reinforces our commitment to food security and sustainable energy for a stronger, greener future. Empowering states and communities through progressive policies!” he posted on X.



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