According to a press release by the Ministry of Consumer Affairs, Food and Public Distribution, the strategic move aligns with the government's directives to ensure a steady supply of wheat and rice, not only for the Public Distribution System (PDS) but also for effective market intervention.
As of December 14, 2023, the central pool stock of food grains stands at 181.79 LMT of wheat and 182.86 LMT of rice, totalling 364.65 LMT.
In the ongoing Kharif Marketing Season (KMS) 2023-24, a substantial quantity of 354.22 LMT of paddy, equivalent to 237.43 LMT of rice, has been procured to date, ensuring a robust foundation for the Public Distribution System.
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