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On Rice Stock, Centre To Take 'Informed' And 'Measured' View: Sources

On Rice Stock, Centre To Take 'Informed' And 'Measured' View: Sources

NDTV
Thursday, May 26, 2022 02:56:35 PM UTC

The centre is monitoring India's rice stock availability and will take an 'informed' and 'measured' look, government sources told NDTV.

The centre is monitoring the availability of rice stock in the country and will take an 'informed' and 'measured' look at the availability; government sources told NDTV.

The sources said that food security is the government's top priority and as such the centre will ensure buffer stock norms of rice are adhered to so that there is sufficient availability of rice stock for the Public Distribution System.

That comes on the heels of a wheat export ban, according to an order dated May 13, drawing criticism from several quarters, including the Group of Seven, worried about protectionism when global inflation has surged to multi-decade highs as a result of the Ukraine war.

But the sources said the government's top priority is to contain inflation. We have to ensure that sufficient stock is available in the market too.

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