Government halves sugar stock limit for dealers to curb hoarding
The Indian government has reduced the sugar stock holding limit for dealers from 4,000 to 2,000 quintals. This measure aims to prevent hoarding and ensure stable sugar prices in the domestic market.
Why it matters
This policy intervention directly impacts commodity supply chains and retail food inflation for consumers.
NEW DELHI: Govt Tuesday halved sugar stock holding limit for dealers to 2,000 quintals from Sept 15 till Nov 30, in its bid to ensure adequate availability in the domestic market and prevent hoarding and speculative trading. The move comes as retail prices have moderated to around Rs 63 a kg, but still remain elevated even as ex-mill prices have crashed by more than 20% after govt took a series of steps.At present, stock holding limit for sugar dealers across the country is 4,000 quintals.
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