India
Telangana Sets Maximum Retail Prices for Popular Fine Rice Varieties
The Telangana government announced on Saturday, October 31, that the maximum retail price per kilogram for three fine rice varieties would be fixed. The BPT/KNM variety will be capped at ₹66, the RNR/Telangana Sona at ₹74, and the HMT/JSR at ₹79. The decision was made after consultations with wholesalers and retailers, following a rise in prices that had pushed fine rice above ₹80 per kilogram in and around Hyderabad. Hyderabad’s Chief Rationing Officer directed that the new prices be displayed on banners in rice mills, wholesale and retail outlets, with the company name listed at the bottom. Similar orders were issued by officials in Medchal district. The government warned that food grains cannot be sold above the set maximum retail price and that Civil Supplies officials will monitor compliance, with action to be taken against violations.
Frequently asked questions
What are the new maximum retail prices for the fine rice varieties in Telangana?
BPT/KNM is capped at ₹66 per kg, RNR/Telangana Sona at ₹74 per kg, and HMT/JSR at ₹79 per kg.
How will the new prices be displayed?
The Chief Rationing Officer directed that the new prices be displayed on banners in rice mills, wholesale and retail outlets, with the company name listed at the bottom.
Who will monitor compliance with the new price caps?
Civil Supplies officials will monitor compliance, with action to be taken against violations.