City
Epaper

Centre issues order on wheat stock declaration by traders to keep prices in check

By IANS | Updated: March 29, 2024 12:30 IST

New Delhi, March 29 In order to prevent hoarding and speculation by unscrupulous elements, the Central government on ...

Open in App

New Delhi, March 29 In order to prevent hoarding and speculation by unscrupulous elements, the Central government on Friday announced that all retail and wholesale traders of wheat in the country will have to declare their stock position on the official portal with effect from April 1.

The official portal can be accessed at https://evegoils.nic.in/wheat/login.html)

The stock position will have to be updated every Friday until further orders, the directive said.

The Department of Food and Public Distribution said it is maintaining a close watch over the stock position of wheat and rice to control prices and ensure easy availability in the country.

The order is applicable to traders/wholesalers, retailers, big chain retailers and processors in all states and union territories.

All the respective legal entities will have to ensure that stocks are regularly and correctly disclosed on the portal.

The order states that the Wheat Stock Limit is expiring on March 31 for all categories of entities in states and UTs. Thereafter, the entities have to disclose the wheat stock on the portal.

Rice stock declaration by all categories of entities is already in place. Any entity which is not registered on the Portal, may register themselves and start disclosing the wheat and rice stock on every Friday. Now, all legal entities have to declare their Wheat and Rice stock on the portal regularly, the order added.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

International"Biden, Harris screwed our country," says Trump as US admin enhances vetting measures for immigrants

InternationalHomeland Security holds Biden administration responsible for killing of Sarah Beckstrom

CricketBCCI president Manhas hails Team India for win over South Africa at Ranchi

Cricket"There's no questions about anything": Batting coach Kotak on Virat's long-term future after ton at Ranchi

Aurangabad‘It was not a leopard’: Citizens breathe a sigh of relief

Business Realted Stories

BusinessBill to impose extra levy on tobacco, pan masala for replacing GST cess to be tabled in LS

BusinessIndia finishes in strong position at WorldSkills Asia Competition 2025

BusinessNet foreign selling in S. Korea hits all-time high in Nov

BusinessCorporate dollar deposits increase at fastest pace in Nov. amid strong greenback

BusinessOla Electric slips to 5th place as market share drops to 7.4 pc