Centre likely to distribute more rice than wheat to manage stock

The central government may have to distribute more rice than wheat in the latest extension of the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) announced on Saturday for six months starting April 1 to prevent a drawdown in its wheat stocks at the end of 2022-23 (FY23), said trade and grain industry sources.
 

The official statement released on Saturday said the government plans to allocate 24.4 million tonnes (mt) of wheat and rice for PMGKAY for the next six months starting April 1. It did not offer a break-up of rice and wheat in it.
 

Wheat stocks at the end