It was obvious that the price of rice would increase amid the pandemic. No special expertise was required to see it coming.
But the government did not take any effective measure to stock up on food grains or regulate the price of rice.
Experts suggested keeping at least 12.5 lakh tonne of grains in stock. But the stock has now fallen to around four lakh tonne.
This unusually low level is the least since the stock of 2.8 lakh tonne in 2008, the year following super cyclone Sidr.
Last season, the country s total demand of food grains was 3.58 crore tonne.
In other words, the national demand is around 30 lakh tonne of food grains per month. But our current public food grains storage capacity is only 19 lakh tonne. The government is building five more warehouses and, once complete, the storage capacity of public food grains will reach 24 lakh tonne.
Cash assistance for poor a welcome development
thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.
35 lakh families to get cash assistance
thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.