Wheat and rice stocks drop to a five-year low in October, shows government data
Published on: October 14, 2022.
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The stocks of the grain totalled 511.36 lakh tonnes as on October 1, the lowest since the same month in 2017 when it was 433 lakh tonnes.
Stocks of wheat and rice with government agencies have dropped to a five-year low, even as retail inflation climbed to a five-month high of 7.41% in September,The Indian Express reported on Friday, citing data from the Centre.
Wheat and rice stocks in government-owned godowns stood at 511.36 lakh tonnes on October 1, data from the Food Corporation of India showed. This is the lowest since the same month in 2017 when it was 433.36 lakh tonnes, according to The Indian Express.
