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Centre revises Wheat stock limit for Traders/ Wholesalers, Big Chain Retailers and Processors

By Business Standard - 10 months ago
Ministry of Consumer Affairs, Food & Public Distribution stated in a latest update that in order to manage the overall food security and to prevent hoarding and unscrupulous speculation, the Government of India imposed stock limits on Wheat applicable to Traders/Wholesalers, Retailers, Big Chain Retailers and Processors in all States and Union Territories. The Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Amendment) Order, 2023 was issued on 12 June 2023 and is applicable until 31st March 2024 for all States and Union Territories.

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