Centre mandates wheat stock declaration from April 1

The The Centre on Friday mandated that beginning April 1, all traders/ wholesalers, retailers, big chain retailers and processors across states and Union Territories have to declare their stock position of wheat on the government portal effective April 1. The current wheat stock limit is expiring on March 31.

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The union government said that the move is in a bid to manage the overall food situation and prevent hoarding and unscrupulous speculation. The declaration for rice stock by all categories of entities is already in place.

The order further stated that any entity which is not registered on the portal (https://evegoils.nic.in), has to register themselves and start disclosing the wheat and rice stock on every Friday.

The action comes amid a continued effort by the Food Department in the last year to manage the grain's prices and availability.