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The Hindu
The Hindu
National
R. Ravikanth Reddy

BRS government entrusted paddy stocks worth ₹22,000 crore to rice millers without any security, says Uttam

Irrigation, Food, and Civil Supplies Minister N Uttam Kumar Reddy criticised the ‘distorted’ policy of the earlier BRS government, which entrusted paddy stocks worth ₹22,000 crore to rice millers without any security or bank guarantee.

The Minister said the Civil Supplies Corporation now finds itself in a precarious and alarming position and charged that the BRS government did not sell the rice to Karnataka and Tamil Nadu for political reasons despite their offer to purchase.

“The BRS government opted to let the rice deteriorate in godowns, burdening the corporation with interest expenses rather than selling the rice at market prices to Karnataka and Tamil Nadu. With limited storage space and a substantial interest burden, the corporation is in an alarming situation,” he said.

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