The center monitors the availability of rice stock in the country and will look at availability ‘informed’ and ‘measured’; government sources told DailyExpertNews.
The sources said food security is the government’s top priority and as such the center will ensure that rice buffer stock standards are adhered to so that sufficient rice stock is available for the public distribution system.
That comes on the heels of a wheat export ban, according to a May 13 order, which has come under criticism from various quarters, including the Group of Seven, which has expressed concerns about protectionism as global inflation rocketed to decades-highs due to the Ukraine war.
But the government’s top priority is to contain inflation, the sources say. We have to make sure that there is also enough stock on the market.
The government sources added that we need to ensure that there is also sufficient stock in the market, and that trends in the international market should also be taken into account when assessing the situation on the rice front.