Centre asks States to Ensure Wheat Stock Disclosures to bring Transparency in its Availability

Centre asks States to Ensure Wheat Stock Disclosures to bring Transparency in its Availability.

The Centre has asked States to obtain disclosures of stock of Wheat with the Wholesalers or Traders, Retailers, Big Chain Retailers and Processors to check the unfair practices of any kind and to bring transparency in the availability of Wheat. In a move to moderate the price of Wheat and ensure easy availability in the market, Secretary Food and Public Distribution Sanjeev Chopra yesterday met with Food Secretaries of States through Video Conferencing.

During the meeting, Wheat Stock Limit Order Notified on Monday and its compliance was discussed in detail. The meeting cames a day after Centre imposed stock limits on wheat applicable to Wholesalers or Traders, Retailers, Big Chain Retailers and Processors. It also decided to offload wheat and rice under Open Market Sale Scheme (Domestic) – OMSS (D). The measures were aimed at cooling down the prices and prevent hoarding and speculation.

A User Manual regarding the submitting the stock has also been shared with State Government for ease of filling up of the data on the portal of Department of Food and Public Distribution. In case the stocks held by them are higher than the prescribed limit then they have to bring the same to the prescribed stock limits within 30 days of issue of this notification. States and UTs have been given directions to ensure that all relevant entities subject to the stock limits declare and update the stock position of Wheat regularly every Friday on the portal and to immediately issue instructions for strict compliance of the stock limit as per Central order.

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