Event Brief
State MSP bonuses driving excess rice procurement: CACP
Filed: May 13, 2026 at 2:06 PM ET
Summary: CACP warned that state bonuses over MSP and open-ended procurement have pushed central rice stocks to nearly 4.4 times norms.
WHO: CACP
WHAT: Recommended limiting excess rice procurement as central stocks rise far above norms
WHEN: May 13, 2026 at 1:06 PM ET
WHERE: India
WHY: No specific cause was reported.
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