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Rice costs more No supplies from AP
Hyderabad: Rice Costs More No Supplies from Andhra Pradesh, The division of Andhra Pradesh coupled with uncontrolled hoarding has resulted in shortage of rice in the open market leading to skyrocketing of its price in Telangana.
- Rs 55 for a kg of Sona Masuri, Rs 45 for other varieties
- Rice stocks decline as there is no free movement of rice from AP
- Traders resort to hoarding in anticipation of jacking up prices
- Lack of rains may further push up prices of foodgrains
- Rice millers abandon Rs 30-a-kg rice scheme
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Hyderabad: The division of Andhra Pradesh coupled with uncontrolled hoarding has resulted in shortage of rice in the open market leading to skyrocketing of its price in Telangana.
While the price of super fine Sona Masuri rice in the open market in the twin cities has gone up to Rs 55 from the prevailing Rs 47, the prices of other varieties escalated from Rs 40 to Rs 45.
When contacted, officials of Civil Supplies department told The Hans India that after the division of state, rice supplies from Andhra Pradesh has stopped adversely affecting the high densely populated areas of Telangana, particularly Hyderabad and Ranga Reddy districts where the consumption of rice is more.
Officials said rice traders in Seemandhra had stopped selling rice to Telangana traders as the AP and Telangana governments began imposing sales tax on the import and export of the food grains after the bifurcation.
Subsequently, the burden imposed in the form of additional taxes on rice supplies between the two states forced the middlemen to stop trading in rice for the past one month leading to shortage of quality rice.
Taking advantage of the restrictions in the movement of rice, the rice millers have started resorting to hoarding of the limited rice stocks available in Telangana which has led to an artificial scarcity.
The unseasonal rains which played havoc in Telangana during the previous agricultural season were also one of the main reasons for the shortage of rice.
According to official figures from the Agriculture department, the total paddy output in 2013 was only 30 lakh tonnes as against the target of 50 lakh tonnes. The total requirement of rice for consumption in Telangana is 35 lakh tonnes per year.
The Consumer and Farmers’ Associations say that if the government does not intervene and take steps to curb hoarding, rice prices would increase further in the coming days.
