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sugar trade: Govt gives final warning to sugar sector stakeholders to disclose stocks by Oct 17

The Indian government has issued a final warning to all legal entities involved in the sugar trade to declare their stocks on a food ministry website by October 17. The government has observed that many entities have not registered themselves on the sugar stock management system and are not updating their stock position regularly, which disrupts the sugar market equilibrium.
Food Ministry Vegetable Oils Essential Commodities Act Sugar Trade Stock Position Sugar Stocks

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oil theft: Tunnel Heist: Arrest made in bizarre oil theft case at Indian Oil Corporation facility

Police authorities in India discovered a 40-meter tunnel that criminals had clandestinely excavated to access pipelines at an Indian Oil Corporation Limited (IOCL) facility in Dwarka. The culprits used meticulous precision to perforate the pipeline and inserted a plastic pipe to siphon off the oil. The area where the digging took place was camouflaged with hay to avoid suspicion. A man has been arrested in connection with the incident, and an investigation is ongoing to identify all the individu...
M Harsha Vardhan Indian Oil Corporation Limited Police Dwarka Mineral Pipeline Amendment Act Explosive Substance Act

To curb hoarding, UP Govt asks traders to declare weekly stock

Exercising the power under Essential Commodities Act 1956, the Uttar Pradesh government has directed the pulses traders to make a weekly declaration of stocks on the government’s portal. Traders who have not yet registered have also been directed to register immediately on the portal and declare
Uttar Pradesh Ambedkar Nagar Essential Commodities Act To Curb Hoarding P Govt Asks Traders To Declare Weekly Stock

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