India’s wheat stocks plummet to 14-year low1 min read . Updated: 14 Oct 2022, 01:26 PM IST
India's federally-owned cereal inventories offer subsidised grains to 80 crore people.
Extreme weather devastated both the winter-sown wheat and summer-sown rice harvests, pushing up retail food prices to a 22-month high. As a result, India's federally-owned cereal inventories, which offer subsidised grains to 80 crore people, have plummeted to a five-year low.
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