India’s government warehouses are overflowing. As of September 1, 2025, rice reserves—including unfilled paddy—have climbed to a record 48.2 million metric tons, a jump of over 14% compared to the same time last year. Wheat stocks, too, are at a four‑year high, reaching 33.3 million metric tons. These figures greatly overshoot government targets: for rice, the July 1 target is only 13.5 million tons, while for wheat the target is about 27.6 million tons.
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