Centre imposes stock-holding limit on wheat to check hoarding, prices
Business Standard|June 25, 2024
The central government has again imposed the stock-holding limit on wheat with immediate effect to bring down prices and check hoarding.
SANJEEB MUKHERJEE
Centre imposes stock-holding limit on wheat to check hoarding, prices

It said it was open to exploring all options to bring down prices.

The government imposes 40 per cent import duty on wheat while the effective duty is almost 44 per cent due to cess and surcharge. The decision to re-impose the stock limit, which was over in March 2024, was taken even though wheat production in FY24 is expected to be over 112 million tonnes.

Addressing a press conference, Union Food Secretary Sanjeev Chopra said there was no wheat shortage in the country, and the Centre had adequate reserves to meet all requirements.

هذه القصة مأخوذة من طبعة June 25, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة June 25, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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