PQ's: Long-Grain White Rice: Rs 380 Million Subsidy
In response to a question from Rodrigues MP Francisco François, the Minister of Commerce, Michaël Sik Yuen, clarified that the average purchase price is set at Rs 26.22 per kilogram, while the maximum retail price for a 25 kg package is fixed at Rs 270, which translates to Rs 10.80 per kilogram. The difference between these two prices accounts for the magnitude of the subsidy on long-grain white rice, estimated at Rs 380 million for the period from July 2025 to June 2026, based on a total quantity of ...