India Sets Wheat Stock Limits to Ensure Food Security Until March 2025
The Indian government has imposed a stock limit on wheat until March 31, 2025, to ensure food security and prevent hoarding. The Ministry of Consumer Affairs, Food & Public Distribution announced the new limits:
| Entity | Stock Limit |
|---|---|
| Traders and Wholesalers | 3000 metric tons (MT) |
| Retailers | 10 MT per outlet |
| Big Chain Retailers | 10 MT per outlet, 3000 MT across all depots |
| Processors | 70% of Monthly Installed Capacity (MIC) multiplied by remaining months of fiscal year 2024-25 |
The Ministry explained that this move aims to manage overall food security and prevent hoarding and unscrupulous speculation. Entities must declare their stock positions and update them regularly on the Department of Food and Public Distribution’s portal. If stocks exceed the prescribed limits, entities must reduce them within 30 days of the notification’s issuance. This measure aims to create a more transparent and equitable food distribution system, securing the interests of the common man and maintaining market stability.
