New Delhi, May 10: Union Minister for Consumer Affairs, Prahlad Joshi, on Friday assured the public that India has sufficient stock of all essential food items, urging citizens not to panic or hoard food grains amid circulating rumours.
Reiterating the government's commitment to food security, Joshi highlighted that the country’s reserves of rice, wheat, sugar, edible oil, and pulses are well above the buffer norms.
“We currently have food stocks that are multiple times higher than required. Whether it’s rice, wheat, or pulses like chana, tur, masoor, and moong, there is no shortage. Citizens are requested not to panic-buy,” the minister said.
According to official figures, rice stock currently stands at 356.42 lakh metric tonnes (LMT), significantly exceeding the buffer norm of 135 LMT. Wheat stock is at 383.32 LMT, against the required 276 LMT, ensuring robust national food security.
In terms of edible oils, the country has about 17 LMT in stock. Mustard oil availability is also healthy, supported by peak domestic production during the ongoing season.
For sugar, India began the season with 79 LMT in carry-over stock. With production pegged at 262 LMT—after factoring in a 34 LMT diversion for ethanol, 257 LMT has already been produced. Domestic consumption is projected at 280 LMT, and exports are estimated at 10 LMT. A closing stock of 50 LMT is expected, which Joshi noted is sufficient to cover more than two months of national consumption.
The outlook for the next sugar season (2025–26) is also optimistic due to favourable weather conditions.
The minister warned against falling for misinformation circulating on food stock shortages. “Do not believe in propaganda or misleading reports. We have ample reserves,” he stated. He also cautioned traders, wholesalers, and retailers against hoarding or stockpiling, warning of strict action under the Essential Commodities Act.
“Those involved in the essential commodities trade must cooperate fully with law enforcement agencies,” he added.