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Food Prices

Rice Price Capped at ₹66/kg; Hoarding Warned Against

Uttam has warned rice millers and traders against hoarding and black-marketing. He said a ceiling price of ₹66 per kg has been fixed for commonly consumed BPT rice. Hoarding means storing stock to push prices up, and black-marketing means selling above the official rate. The warning is aimed at keeping an everyday staple affordable.

Context

Context: BPT is a popular rice variety in South India, and rice is a staple food for most Indian households. Governments set ceiling prices to stop sudden spikes in the cost of essential food.

The Hindu
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