- Rising inflation will be reined in!
- The price of rice has come down
- The government will sell 50 lakh tonnes of rice in the open market
Control Rice Prices: Inflation in the country is continuously increasing, especially the prices of food items of daily life are continuously increasing. Recently, people were suffering due to rising sugar prices. Rice has now put a number in it. Now the prices of rice are also increasing. It is very important to bring the prices of these essential items under control. The central government is trying its best for this. In this context, the government has taken a major decision to double its target of selling rice in the open market. So what exactly will result in “text-align: justify;”> UPI Payment Charges Update : Big shock for UPI users after Diwali? Charges on payments above Rs 2000?
The government plans to sell 5 million tonnes of rice in the financial year 2026-27. Earlier this target was 25 lakh tonnes. The aim of the government is to increase the availability of rice in the market and provide relief to the common man from rising prices.
Scheme of Central Govt
According to the central government, 2.5 lakh tonnes of rice has been sold till October 31, 2026 under the open market rice sale scheme. Only 11 lakh tonnes of rice was sold during the same period of the previous financial year. The government is now gearing up to sell an additional 2.5 million tonnes of rice in the remaining five months of the financial year. This scheme is called Open Market Sale Scheme i.e. OMSS. Under this scheme, the government sells grain stored in its warehouses in the open market to increase supply and reduce prices.
How much did prices change?
According to government data, retail prices of rice have increased in many states between August and November. They are as follows:
| State | Price on 9th August | Price as on 9 November |
|---|---|---|
| Delhi | Rs. 45 per kg | Rs. 45 per kg |
| Maharashtra | Rs. 50 per kg | Rs. 53 per kg |
| Tamil Nadu | Rs. 59 per kg | Rs. 69 per kg |
| West Bengal | Rs. 43 per kg | Rs. 52 per kg |
These figures show that there has been a steep rise in rice prices in some states. In Tamil Nadu and West Bengal, particularly in this region, the rates have increased significantly.
Why is the price of rice increasing?
Inadequate and erratic rains have affected rice production this year. According to industry officials, rice production in five southern Indian states could decline by approximately 30 percent. These states include Karnataka, Andhra Pradesh, Telangana, Tamil Nadu and Kerala. Meanwhile, rice production across the country is approximately 10% lower than last year. Some varieties of rice such as Ponni and Sona Masuri have been severely depleted in supply.
Rice stored in government godowns
It is important to note that the government has sufficient stock of rice. So they have enough support to handle this situation. As of 1 October 2026, the central stock was approximately 38 million tonnes of rice. The minimum stock standard for the government is 10.25 million tonnes. This means that the government has approximately 2.8 times more rice than the minimum requirement. By using these reserves, the government can increase the supply of rice in the market and try to keep prices under control.
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