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Govt revises rice price by 20% in 10 days; to benefit ethanol producers, states
The Morning Standard
|January 18, 2025
THE Central government on Friday reduced the price of rice supplied from its buffer stock to grain-based ethanol producers by a significant 20 per cent, within 10 days after it was fixed at ₹2,800 per quintal.
The new price, set at ₹2,250 per quintal, will bring a major relief to the ethanol-producing industry.
The price drop also applies to state governments and state-owned corporations that want to buy rice directly from the Food Corporation of India without participating in an e-auction.
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FLERE HISTORIER FRA The Morning Standard
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