The Indian government has made it mandatory for the wheat industry and trade to declare their weekly stock position on a portal starting April 1. The existing stock limit on wheat will expire on March 31, 2025.
The Department of Consumer Affairs stated that traders, wholesalers, retailers, big chain retailers, and processors must declare their stock on the portal every Friday until further notice.
The Department of Food and Public Distribution is closely monitoring the stock position to prevent speculation, control prices, and ensure easy availability in the country.
Wheat procurement operations have started in some states, including Madhya Pradesh and Uttar Pradesh, and will soon begin in Rajasthan, Punjab, and Haryana.
