India Doubles Rice Sales Target to Five Million Tons
India has doubled its rice sales target to five million metric tons for private traders to combat rising prices driven by potential production drops. New Delhi also allowed southern states to impose stock limits to curb hoarding and secure supplies.
India doubled its target for rice sales to private traders to 5 million metric tons for the 2026/27 financial year. The move aims to curb surging prices driven by production concerns. It is the government's largest supply intervention following lower-than-normal monsoon rains.
