Government imposes monthly sugar stock caps for dealers to prevent hoarding
To prevent hoarding and keep prices steady, the central government has introduced a 30-day sugar stock limit of 4,000 quintals for each dealer, effective August 1. Additionally, dealers must now report and refresh their sugar stock data on a weekly basis. This move follows reports from the Ministry of Consumer Affairs, which identified cases of traders, middlemen, and dealers stockpiling sugar.
by shortkt.com✓