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 story : Retail Association assures enough stock of food; urges not to resort to panic buying #FinanceIndia #StockMarketNEWS Retail Association assures enough stock of food; urges not to resort to panic buying

@StockMarketNEWS Wed 15 Apr, 2020

Posted in: #FinanceIndia #StockMarketNEWS

Retail Association assures enough stock of food; urges not to resort to panic buying #FinanceIndia #StockMarketNEWS
Retail Association assures enough stock of food; urges not to resort to panic buying New Delhi, Apr 11 (KNN) The Retail Association of India (RAI) has said that there is there is enough stock of essential food products including grains and pulses and urged people not to resort to panic buying.

"There is enough stock of grains, pulses and other daily essentials for the lockdown period and beyond. There is no need for citizens to believe otherwise and engage in panic buying," RAI said in a statement, on Friday.

The industry body further said that it is working with state governments to assure the availability of essential products.

The entire government machinery at the central, state and local levels has been working relentlessly along with RAI and other stakeholders to ensure a smooth supply of essentials, it added.

RAI, along with its members, is working closely with various state governments and with the centre to resolve supply concerns with regards to essentials as they arise at the earliest.

All stakeholders are working at war footing with the sole intent of ensuring citizens are safe and comfortable and do not face any hardships for accessing daily essentials, it avowed.


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