Govt Imposes Wheat Stock Limits On Traders To Keep Prices In Check

New Delhi: The Centre has imposed inventory limits on wheat acceptable to investors/wholesalers, shops, large chain shops and processors in an effort to save you hoarding and hypothesis that drives up inflation. 

“In order to regulate the total meals safety and to stop hoarding and unscrupulous hypothesis, the Government of India has imposed inventory limits on wheat acceptable to wholesalers, shops, large chain shops, and processors in all states and Union Territories,” the Ministry of Consumer Affairs, Food & Public Distribution mentioned on Thursday.

The Wheat Stock prohibit are as beneath:

(i) Traders/Wholesaler: 3000 MT;

(ii) Retailer:  10 MT for each and every Retail outlet.

(iii) Big Chain Retailer: upto 10 MT for each and every retail outlet topic to most amount of (10 multiplied by way of overall no. of retailers) MT. This would be the most inventory that may be held in any respect their shops and depots put in combination.

(iv) Processors: 70% of Monthly Installed Capacity (MIC) multiplied by way of ultimate months of FY 2025-26.

All wheat stocking entities are required to claim/ replace the inventory place on each Friday on wheat inventory portal (https://evegoils.nic.in/wsp/login which can be migrated sooner or later of time to https://foodstock.dfpd.gov.in). Any entity which is located to have no longer registered at the portal or violates the inventory limits can be topic to appropriate punitive motion beneath Section 6 & 7 of Essential Commodities Act,1955.

In case the shares held by way of above entities are upper than the above prescribed prohibit, they shall need to convey the similar to the prescribed inventory limits inside 15 days of factor of the notification. Officials of Central and State Governments can be carefully tracking enforcement of those inventory limits to make sure that no synthetic shortage of wheat is created within the nation.

Central Government has procured 298.17 LMT wheat (upto 27.05.2025) via State Agencies/FCI which is enough to meet requirement of PDS, OWS and different marketplace intervention schemes. The Department of Food and Public Distribution is keeping up a detailed watch over the inventory place of wheat to keep watch over costs and make sure simple availability within the nation.