State MSP bonuses fuelling excess rice procurement, warns CACP
TNN / May 13, 2026, 22:36 (IST)
Excessive rice stocks have accumulated in the central pool, nearly 4.4 times higher than stocking norms, due to states offering bonuses over MSP and an open-ended procurement policy. CACP recommends limiting procurement, especially in surplus states, and reviewing the open-ended policy to curb rising subsidy burdens.