"It is true there is a rise in price in essential commodities. It is not because of shortage of production but the lack of storage facilities," he said at a function here.
He also said that leakages were being reported in the public distribution system (PDS) across the country. "Our PDS is weak. There is siphoning of 15 to 20 per cent in distribution of food grains in PDS across the country. I'm not blaming any state but it is there across the country. We have to work towards the modernisation of PDS."
On sugar production, he said it had stabilised in the past five years.
"The five-year cycle, wherein the first three years the production is so high to the extent we export sugar and in the last two years, the production is so low that we import sugar, is over. In the last five years, the production of sugar in the country is stabilised," Thomas said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
