Old rice stocks dominate inventories, prices cannot be increased abnormally: Telangana officials to millers
Telangana’s Civil Supplies Department told rice millers that most of the state’s rice inventory consists of older stock, and any attempt to raise prices beyond normal levels would be unlawful. Officials warned that creating artificial scarcity or hoarding could lead to legal action, emphasizing that price hikes must reflect market conditions. The department said it would enforce existing regulations to prevent exploitation of consumers.