Centre operationalises portal for online declaration of rice, paddy stock
· economictimes.indiatimes.com
The government has operationalised a food stock declaration portal to prevent hoarding and control prices. All traders, retailers, and millers must report their rice and paddy stocks weekly. While retail rice inflation has increased recently, experts say the overall situation is manageable with sufficient government stocks. Kharif paddy acreage has declined due to deficient rainfall, impacting future rice output estimates.
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