Wholesalers/Traders, Retailers, Big Chain Retailers and Processors to now disclose the stock of Wheat under the Stock Limit Order for transparency and better monitoring

All relevant stakeholders to declare and update the stock position of Wheat regularly on the portal

In a move to moderate the price of Wheat and ensure easy availability in the market, Secretary Food and Public Distribution, Shri Sanjeev Chopra today met with Food Secretaries of States through VC.  In course of the meeting, Wheat Stock Limit Order Notified on 12.06.2023 and its compliance, was discussed in detail. The meeting comes a day after Centre imposed stock limits on wheat applicable to Wholesalers/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.

The Centre has asked States to obtain disclosures of stock of Wheat with the Wholesalers/Traders, Retailers, Big Chain Retailers and Processors to check the unfair practices of any kind and to bring transparency in the availability of Wheat. 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 (https://evegoils.nic.in/wsp/login) 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/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 said portal and to immediately issue instructions for strict compliance of the stock limit as per Central order date 12.06.2023. Access to the above portal shall be given to the above entities to make disclosure of stocks and State Government Authorities will have access to monitoring of stocks disclosed on the portal.

During the meeting, Centre also informed about the Government decision of offloading the Wheat (15 LMT of Wheat in the first phase) and Rice  under OMSS (D) which are further expected to cool down the rising price of wheat and rice along with the products derived from them. These steps are taken to ensure consumers get the food grains like Wheat and Rice at affordable price.

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By Goa9