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Centre imposes limits on wheat stocks
The Daily Guardian
|June 25, 2024
In order to manage the overall food security and to prevent hoarding and unscrupulous speculation, the Government on Monday decided to impose stock limits on wheat applicable to traders/wholesaler, retailers, big chain retailers and processors for all states and Union territories.
The removal of licensing requirements, stock limits and movement restrictions on specified foodstuffs (amendment) order, 2024 has been issued with immediate effect from 24 June and will be applicable until 31 March 2025 for all states and UTs.
Stock limits will be applicable to each entity individually such as traders/ wholesale who can stock up to 3000 MT, retailer who has a limit of 10 MT for each of the outlets, big chain retailer who can stock upto 10 MT for each outlet and 3000 MT at all their depots and processors who have been given a limit of 70 per cent of monthly installed capacity (MIC) multiplied by remaining months of FY 2024-25.
Esta historia es de la edición June 25, 2024 de The Daily Guardian.
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