Central govt orders weekly reporting of wheat stock to prevent price fluctuation and hoarding
The wheat stock limit in States and UTs will expire on Mar 31, 2024
New Delhi: The Government of India has mandated that Traders/Wholesalers, Retailers, Big Chain Retailers, and Processors in all States and Union Territories must report their wheat stock position on the portal (https://evegoils.nic.in/wheat/login.html) starting April 1, 2024, and then every Friday until further notice. It is required that all legal entities ensure accurate and timely disclosure of their stocks on the portal.
The current wheat stock limit for all entities in States and UTs will expire on March 31, 2024. After this date, entities need to disclose their wheat stock on the portal.
Rice stock declaration for all entities is already in effect. Entities not yet registered on the portal are encouraged to register and begin reporting their wheat and rice stock every Friday. All legal entities are now obligated to regularly report their wheat and rice stock on the portal.
The Department of Food and Public Distribution is closely monitoring the wheat and rice stock levels to manage prices and ensure sufficient availability throughout the country. This move comes in a bid to prevent hoarding and speculation.
