Centre imposes stock holding limit on wheat; says no shortage anywhere

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The story "Centre imposes stock holding limit on wheat; says no shortage anywhere" was covered 6 days ago by Business Standard, a news publisher based in India.

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Centre imposes stock holding limit on wheat; says no shortage anywhere - Business Standard

Quick Summary:

Under the new rules, retail outlets and individual stores of big chain retailers are allowed to stock up to 10 tonnes of wheat, an official statement said.

Meanwhile, consumer affairs secretary Nidhi Khare, who was also present at the press conference, said that stock limits imposed on tur and urad have started bearing results and prices have softened by Rs 50-200 per quintal in major centres after the order.

Official data reveals that wheat and wheat flour prices have risen by up to Rs 2 per kg compared to last year.