Centre Orders Rice and Paddy Stock Declarations
The Union government has told rice and paddy stockholders to declare their stock, to stop hoarding as prices rise. It also lets five southern states set their own stock limits on these grains. The move comes amid a rise in prices, which affects many households.
Context
Context: Stock limits are a tool governments use to stop traders from storing grain to push prices up, a practice called hoarding. Rice is a staple food for many Indian families, and paddy is the unmilled grain it is made from.
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