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Govt caps wheat stock holding limit to check hoarding, price rise
Millennium Post Delhi
|June 25, 2024
Curbs will remain in force until March 31, 2025, across all states & UTs
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In a move to check wheat price rise and hoarding, the Centre on Monday imposed stock holding limits on traders, wholesalers, retailers and processors with immediate effect.
The restrictions will remain in force until March 31, 2025, across all states and Union Territories.
Single retailers, big-chain retailers, processors and wholesalers will disclose wheat stocks every Friday, said Union Food Secretary Sanjeev Chopra in a press briefing here.
Under the new rules, retail outlets and individual stores of big chain retailers are allowed to stock up to 10 tonnes of wheat, an official statement said.
Traders, wholesalers, and large depots of big chain retailers face a cap of 3,000 tonnes each.
Cette histoire est tirée de l'édition June 25, 2024 de Millennium Post Delhi.
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