The government requires traders to report wheat stock levels

The Government of India is taking steps to ensure food security by requiring traders, retailers, and processors to declare their wheat and rice stock regularly on a portal starting from April 1, 2024. This measure aims to prevent hoarding and speculation.

As of March 31, 2024, the Wheat Stock Limit expires, mandating entities to disclose their wheat stock. The Department of Food and Public Distribution is closely monitoring wheat and rice stocks to stabilize prices and ensure availability.