Centre mandates weekly rice, paddy stock disclosure; 5 states get cap nod

Centre mandates weekly rice, paddy stock disclosure; 5 states get cap nod

With rice prices rising after a deficient, uneven monsoon, the Centre has ordered traders, retailers, wholesalers, processors and millers nationwide to declare rice and paddy stocks every Friday on the Food Stock Portal. It also allowed Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Telangana to impose stock limits until January 31, 2027, and doubled the Open Market Sale Scheme e-auction target to 50 lakh tonnes.

Source: Moneycontrol

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