Centre reduces wheat stock limit to curb hoarding ahead of Lok Sabha polls
Till now, the wheat stock limit for processors was 70 per cent of monthly installed capacity multiplied by remaining months of 2023-24.
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Till now, the wheat stock limit for processors was 70 per cent of monthly installed capacity multiplied by remaining months of 2023-24.
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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.