Hyderabad: The prices of popular rice brands, which were expected to soar further, have now been brought under control, with retailers and wholesalers selling popular varieties at rates fixed by the govt.
The govt should have intervened when traders and millers were paying farmers higher prices for paddy, anticipating the impact of El Nino,” said Rishab Jain, a retailer. Rice miller Prabhakar Rao said traders from Tamil Nadu, Kerala and Andhra Pradesh had purchased fine paddy from Telangana farmers at higher prices amid apprehensions over the impact of El Nino. “We purchased rice at higher prices, but civil supplies officials have warned that fines will be imposed and cases booked if we sell above the prescribed rates.
It should set up sale counters and sell rice at subsidised rates to general consumers to bring down the prices,” he said. “The state govt has sufficient stocks of fine paddy available in its godowns and with the rice millers. Even if the El Nino impact is severe, the govt will have stocks to meet the demand for a year until next monsoon. You Can Also Check: Gold Rate in Hyderabad | Silver Rate in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad | Hyderabad AQI | Weather in Hyderabad | Petrol Price in Hyderabad | Diesel Price in Hyderabad | CNG Price in Hyderabad | LPG Price in Hyderabad