Telangana officials meet with traders to stabilize staple food prices

Officials from the Telangana Civil Supplies Department met with rice millers and wholesale traders from Nizamabad and Nalgonda in Hyderabad. The meeting was held to prevent market manipulation that could cause staple food prices to surge. Traders and millers were directed to ensure a seamless supply chain if the government opens special distribution counters to stabilize market rates.

The intervention addresses concerns that people across the state have been buying food grains at nearly double the price. The administration noted that current market inventories consist entirely of stock from the previous agricultural season, suggesting prices cannot increase abnormally. The meeting also addressed the fact that private traders are currently picking up fresh Kharif harvest from farms.