Government of India add Rice Under Price Stabilization Fund (PSF) after The Launching of Bharat Rice


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In response to soaring prices before the general elections, the government of India has sanctioned the addition of wheat and rice to its price stabilization fund (PSF). This decision comes after the government initiated the retail sale of Bharat atta and rice as part of its intervention strategy to address inflation. The PSF serves to accumulate India's buffer stock of essential food items and strategically distribute them in the market during periods of price hikes.