The Government to ensure food security and prevent hoarding and speculative practices has introduced stock limits on wheat for traders, wholesalers, retailers, large chain retailers, and processors across all states and union territories. The government noticed a four per cent rise in wheat prices citing “some elements trying to create some artificial scarcity” though it acknowledged the availability of adequate wheat in the country.
The stock holding limit of traders and wholesalers have been fixed at 3000 tonnes. To ensure price stability and curb hoarding. Traders/Wholesalers are now restricted to holding a maximum of 2,000 metric tons of wheat, down from the previous limit of 3,000 metric tons. Additionally, stock-holding limits for wheat processors have also been tightened.
Presentation – Dibyabharati Nayak
