Encounter News Punjabi

Union Government Halves Sugar Stockholding Limit to 2,000 Quintals to Curb Hoarding and Stabilize Prices

WhatsApp Channel Join Now

NEW DELHI — In a decisive move to curb speculative trading, prevent domestic hoarding, and maintain steady consumer availability, the Union Ministry of Consumer Affairs has reduced the maximum stockholding limit for sugar dealers from 4,000 quintals to 2,000 quintals. Effective September 15, 2026, the tighter regulatory cap represents a 50 per cent reduction in dealer capacity and will remain in force until November 30 across most of the country.

Under the notified guidelines, sugar traders and wholesalers are prohibited from holding inventories exceeding 2,000 quintals at any single facility or location. Additionally, dealers remain barred from retaining any stock consignment for longer than 30 days from the initial date of receipt. However, the government has maintained the previous 4,000-quintal ceiling for Kolkata and its extended metropolitan area, recognizing its logistical role as the primary transshipment hub for supplies routed from Uttar Pradesh and Maharashtra to eastern and northeastern states.

The revised thresholds follow intensive surveillance and physical stock inspections conducted across mills, traders, and distribution centres nationwide, which detected localized compliance irregularities and undeclared holdings. The Ministry noted that proactive inventory disclosures mandated on the Department of Food and Public Distribution portal, coupled with enhanced supplies, have already contributed to a 20 per cent decline in ex-mill sugar prices, with retail prices projected to register corresponding decreases in the retail market.

All news on Encounter News is computer-generated and sourced from third parties. Please read and verify carefully. We will not be responsible for any issues. 

Encounter News
Encounter News
Encounter Media Group

Latest Articles

‘Lehra Do Tiranga’ Rally Row: Abhijeet Dipke Granted Bail, Must Sign Peace Bond

New Delhi: Cockroach Janata Party (CJP) activist Abhijeet Dipke has been...

India, Air India Express, IndiGo And Akasa Air Extend Saudi Flight Cancellations Till October 24

New Delhi: Indian airlines Air India, Air India Express, IndiGo and...

Pakistan Military Commander Responds To Rajnath Singh’s Warning: ‘No Space For War In A Nuclearised Environment’

New Delhi: Pakistan’s top military commander, General Aamer Raza, has responded...

ECI Steps Up Punjab Poll Preparations, Senior Team To Meet Political Parties On October 27-28

Chandigarh: The Election Commission of India (ECI) has stepped up preparations...

Delhi-Mumbai Expressway Accident: 4 Dead, 2 Critical After Minibus Falls Into 15-Foot Drain

New Delhi: At least four people were killed and two critically...

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here