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State MSP bonuses fuelling excess rice procurement, warns CACP

Excessive rice stocks have accumulated in the central pool, nearly 4.4 times higher than stocking norms, due to states offering bonuses over MSP and an open-ended procurement policy. CACP recommends limiting procurement, especially in surplus states, and revi…

By Dipak K Dash· The Times of India· 5 months ago· 2 min read
State MSP bonuses fuelling excess rice procurement, warns CACP

Excessive rice stocks have accumulated in the central pool, nearly 4.4 times higher than stocking norms, due to states offering bonuses over MSP and an open-ended procurement policy. CACP recommends limiting procurement, especially in surplus states, and revi… For the full story, visit the source.

This summary is sourced from The Times of India. Read the full article at:The Times of India