State to kick-start sale of rice at subsidised rates from August 1 in Kakinada district
Kakinada district will launch a pilot project on August 1 to sell subsidized rice through Rythu Bazaars to combat rising market prices. The Civil Supplies Department and local rice millers will coordinate the supply chain to ensure availability.
Why it matters
Government intervention in food pricing is a critical measure to manage inflation and ensure food security for lower-income households.
In wake of the steep rise in rice prices in the open market the Civil Supplies Department will begin sale of super fine rice and other varieties at subsidised prices from August 1 through the Market Intervention Programme (MIP) in Kakinada district, as part of a pilot project.
Speaking to the media on Thursday, Kakinada Joint Collector Apoorva Bharat announced, “Three varieties of rice will be sold at the Rythu Bazaars to address the rise in rice prices. Super fine rice will be sold at ₹52 per kilogram, steam rice (BPT variety) and raw BPT rice will be sold at ₹52 and ₹50 respectively.”
The departments of civil supplies, agriculture and rice millers association will together monitor the procurement, transportation and supply of rice.
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