Supplyco eyes record ₹500-crore turnover this Onam, says Minister
Kerala's Supplyco expects to reach a record turnover of ₹500 crore this Onam season due to increased demand and the expansion of mobile ration shops. The government is also exploring the continuation of the Open Market Sale Scheme to help stabilize rice prices.
Why it matters
Highlights state-led efforts to manage food security and price inflation during major cultural festivals.
Supplyco is expected to record a turnover of ₹500 crore by September 4 this Onam, Minister for Food and Civil Supplies Anoop Jacob has said.
Last year, sales worth ₹383 crore were recorded between August 1 and September 4. This year, the same turnover is expected to be achieved between August 1 and August 25, he said.
He was speaking after flagging off the mobile ration shop at Thalukandam Unnathi under Kuttampuzha panchayat in Kothamangalam block here on Monday. The project was launched under the State government’s 100-day action plan.
Supplyco’s sales turnover touched ₹302 crore on Monday evening. It is expected to reach a record turnover in another couple of days. The milestone could be reached in just 25 days. Ensuring the availability and quality of products remain the State government’s policy, Mr. Jacob said.
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