The Cooperatives and Internal Trade Ministry is to impose a control price on rice from midnight today.
The Ministry has stated that the maximum retail price of Samba will be Rs. 70, Rs. 60 for Nadu, White and Red raw rice.
The government removed the maximum retail price of Rs. 70 per kilogram of rice on October 26, 2010 stating that no price ceiling was needed due to rice prices coming down in the market.