Worried over the increase in rice prices, the Centre has asked traders/wholesalers, retailers, big chain retailers and processors/millers to declare their stock position of rice and paddy every Friday.
Union Food Secretary Sanjeev Chopra said the decision is to manage the overall food inflation and to prevent unscrupulous speculation.
Traders and millers will have to declare the stocks of paddy and almost all categories of rice, such as broken rice, non-basmati white rice, parboiled rice and basmati rice, on the Food Ministry’s designated portal, Mr. Chopra said.