Page 3 - Essential Commodities Act News Today

Till now, the wheat stock limit for processors was 70 per cent of monthly installed capacity multiplied by remaining months of 2023-24.

India celebrates Valentine week with Chocolate Day today, important events like budget session, Pakistan election result to BJPs campaign and AIADMKs protest are lined up for today.

In a bid to ensure ample availability of wheat and stabilize prices, the Indian government has announced a reduction in the stock limit that traders and wholesalers can hold. According to a statement released on Thursday, the previous limit of 1,000 metric tons has now been lowered to 500 metric tons.

Wheat stock limit has been reduced from 1,000 MT to 500 MT for traders and wholesalers, Govt Halves Wheat Stock Limit for Traders, Wholesalers, Big Chain Retailers and Processors

The ministry said officials of both central and state governments will be closely monitoring enforcement of these stock limits to ensure that no artificial scarcity of wheat is created in the country.

The government on Thursday tightened wheat stock holding norms for wholesalers, big chain retailers and processors to curb hoarding and check price rises. According to the food ministry, traders and wholesalers are now allowed to maintain wheat stock of up to 500 tonnes instead of 1,000 tonnes,

India Business News: Priced at Rs 60 per kg for a 1 kg pack and Rs 55 per kg for a 30 kg pack, Bharat Dal has quickly emerged as the highest-selling brand in the country.

The government has introduced the sale of Bharat Dal at subsidized rates through various retail outlets, including NAFED, NCCF, Kendriya Bhandar, and Safal, as well as on e-commerce platforms. State governments can also access chana dal for distribution in welfare schemes. To stabilize pulse prices, the government maintains buffer stocks of major pulses. It has removed import duty on tur and urad and reduced import duty on masur to zero. Bharat Dal, priced at Rs. 60 per kg, has quickly gained po...

The fact is that non-urea fertilisers, in practice, have consistently remained under regulatory control In an office memorandum dated January 17, 2024, the Department of Fertilisers (DoF) has issued detailed guidelines for the evaluation of “reasonableness” of the MRPs (maximum retail price)

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