Rising inflation is becoming a cause of concern for everyone from common people to the government. In such a situation, many big decisions are being taken by the government. Now the government has fixed the limit of wheat storage to stabilize wheat prices and prevent hoarding. The stock limit for wholesalers will be 3,000 tonnes. Whereas for processors it will be 70 percent of the processing capacity. For large chain retailers, this limit will be 10 tonnes per sales center, with a total limit of 3,000 tonnes and for single retailers this limit will be 10 tonnes.
Union Food Secretary Sanjeev Chopra has said that single retailers, large chain retailers, processors and wholesalers will disclose the stock of wheat stored with them every Friday. He has said that he wants to overcome the shortage of wheat in the country. He also said that there is a ban on wheat export right now and there is no proposal to review the ban on sugar export. The secretary said that we want wheat prices to remain stable.
Speaking to reporters on Monday, Union Food Secretary Sanjeev Chopra said the stock limit for wholesalers will be 3,000 tonnes, for processors it will be 70 per cent of processing capacity, for large chain retailers the limit will be 10 tonnes per point of sale, with a total limit of 3,000 tonnes and for single retailers the limit will be 10 tonnes. Stock limits have been imposed on essential commodities like wheat in view of recent reports of price rise. The move is aimed at curbing hoarding and keeping prices stable.
Last year the stock was so much
Union Food Secretary Sanjeev Chopra said that the opening stock of wheat was 82 lakh tonnes on April 1, 2023, which decreased to 75 lakh tonnes on April 1, 2024. Last year 266 lakh tonnes of wheat was procured, while this year so far 262 lakh tonnes have been procured. Therefore, there is a shortage of only 3 lakh tonnes in the opening stock of wheat.
