Now, govt mandates weekly reporting of wheat stock, besides rice
New Delhi: The central government on Friday asked traders, major retailers, wholesalers, and food processors to report their wheat stocks on a weekly basis in order to prevent hoarding amid decline in output.
Beginning from April 1, all traders including wholesalers, retailers, big chain retailers and processors in all states and union territories will be required to declare their stock position of wheat on the portal maintained by the Department of Food …
The stock disclosure will have to be made on April 1, the first day of 2024-25 financial year and subsequently on every Friday till further orders.
The Ministry of Consumer Affairs, Food & Public Distribution asked all the respective legal entities to ensure that stock is regularly and correctly disclosed on the portal.
