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India Has Enough Foodgrain Stocks To Meet All Needs: Centre

India Has Enough Foodgrain Stocks To Meet All Needs: Centre

NDTV
Sunday, December 18, 2022 03:53:29 AM UTC

The stock positions of wheat and rice under the central pool have always remained well above the buffer norms, the Centre asserted.

The Centre on Saturday said it has sufficient foodgrain stocks to meet the requirements under the food security law and other welfare schemes. The government is also regularly monitoring the prices of essential commodities. "Government of India has sufficient foodgrain stocks under central pool to meet the requirement of NFSA and its other welfare schemes as well as for additional allocation of PMGKAY," an official statement said.

About 159 lakh tonnes of wheat and 104 lakh tonnes of rice will be available as on January 1, 2023, as against the respective buffer norms requirement of 138 lakh tonnes of wheat and 76 lakh tonnes of rice as on January 1.

As of December 15, around 180 lakh tonnes of wheat and 111 lakh tonnes of rice are available in the central pool.

Buffer norms requirements have been envisaged for particular dates of the year as on April 1, July 1, October 1 and January 1, the ministry noted.

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