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Government Caps Sugar Stock at 400 Tonnes
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The government has issued an order capping the stock of sugar at 400 tonnes with any dealer at any point of time till November 30. Traders have been directed to liquidate excess stock by August 1.
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Government Caps Sugar Stock at 400 Tonnes
The government has issued an order capping the stock of sugar at 400 tonnes with any dealer at any point of time till November 30. This directive aims to prevent hoarding and ensure a stable supply of sugar in the market. Traders have been directed to liquidate excess stock by August 1, and the directive will come into force from August 1. The food ministry invoked the Essential Commodities Act to issue the order, which will help in maintaining a stable supply of sugar in the market. The government's move is expected to benefit consumers by preventing price hikes due to sugar shortages.
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