The Centre has decided to reduce the wheat stock limit for traders/wholesalers, big chain retailers, and processors in an effort to prevent hoarding and control the rise in prices before the Lok Sabha elections.
The Ministry of Consumer Affairs, Food and Public Distribution has revised the limit to 500 MT for traders/wholesalers and big chain retailers, and set it at 60% of the monthly installed capacity for processors.
The limit for retailers remains unchanged at 5MT for each outlet. The government has also implemented stock limits and licensing requirements to prevent artificial scarcity and hoarding. Entities that exceed the stock limits will face punitive action.
Additionally, the government has introduced the Open Market Sale Scheme (Domestic) to increase the availability of wheat at affordable prices. The Food Corporation of India (FCI) is allocating wheat at subsidized prices and providing it to co-operative organizations for processing and sale to the public.
The Department of Food and Public Distribution is closely monitoring the wheat stock position to ensure price control and availability.
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