The Indian government’s measures to control rising rice prices, including mandatory stock declarations and the launch of “Bharat Rice,” face challenges as paddy production estimates for 2023-2024 vary. While southern states experience a drop in production due to inadequate rainfall, the north sees a 15% increase. Retail rice prices surged by 14.51% in the past year, with certain varieties witnessing higher inflation. Traders attribute the price hike to increased Minimum Support Price, rising costs, and reduced production. The government’s stock data collection aims to guide future actions, emphasizing prioritizing rice sales for consumption over other uses.