New Delhi, Feb. 20 -- As part of its ongoing efforts to regulate supply and curb price volatility, the government on Thursday revised wheat stock limits for traders, retailers, and chain store retailers, tightening the cap until 31 March. The move comes in response to concerns over hoarding and speculative trading despite ample availability of wheat following a good Rabi 2024 procurement of 1,132 lakh metric tonnes (LMT).

According to an official statement from the Ministry of Consumer Affairs, Food & Public Distribution, the Centre has significantly revised the stock limits on wheat for different entities. Traders and wholesalers, previously allowed to stock up to 1,000 tonnes, will now be restricted to 250 tonnes.

Retailers' stock lim...