The Hindu·3 min read·medium
TCCI urges immediate FCI market intervention to prevent rise in rice prices
T
The Hindu Bureau
✦AI Summary
The Trivandrum Chamber of Commerce and Industry has requested the Food Corporation of India to intervene in the rice market to stabilize prices. Drought conditions in major producing states have led to supply concerns and potential speculative trading.
The Trivandrum Chamber of Commerce and Industry (TCCI) has expressed serious concern over the sharp increase in rice prices and the possibility of further escalation in prices in the coming weeks due to the prevailing drought-like conditions in the major rice-producing States of Karnataka, Andhra Pradesh and Tamil Nadu.
economybusinessfood
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