Business Line 17.04.2013
TN to sell 1 lakh t rice at Rs 20/kg
The Tamil Nadu Government on Wednesday launched a market intervention
programme to control rice prices by selling one lakh tonnes of rice at
Rs 20 a kg.
The move is in line with the announcement in the budget when the State
Government said it would strengthen the programme by doubling the price
stabilisation fund to Rs 100 crore to buy and distribute essential
commodities at cost price.
The market intervention fund was announced last year.
The rice will be sold in the open market at Rs 20 a kg through cooperative stores and special outlets.
The Chief Minister J. Jayalalithaa launched the programme from the Tamil
Nadu Civil Supplies Corporation’s warehouse complex in Nandanam, said
an official press release.
The rice will be available in the Civil Supplies Corporation-run Amudham
retail outlets, cooperative stores and special outlets to be opened.
