Centre mandates stock disclosure of rice
India, Feb. 2 -- The government of India has decided to start the retail sale of rice to consumers under the brand Bharat Rice
To manage the overall food inflation and to prevent evil speculation, the Government of India has decided thatthe stock position of Rice must be declared by Traders, Wholesalers, Retailers, Big Chain Retailers and Processors, and Millers in all States and Union Territories, until further orders. The respective legal entities i.e. Traders/Wholesalers, Retailers, Big Chain Retailers, Processors/Millers have to declare the stock position of Paddy and Rice in categories such as Broken Rice, Non-Basmati White Rice, Parboiled Rice, Basmati Rice, and Paddy. The entities are expected to update it every Friday on the port...
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