Govt orders mandatory declaration of stock position of wheat to prevent hoarding and unscrupulous speculation,

Wheat Price Update: With Lok Sabha elections round the corner, the Central Government has taken a big decision to prevent any increase in wheat prices or its hoarding. The government has made it mandatory to declare wheat stocks. Actually, the government had earlier imposed a stock limit on wheat, its validity is ending on March 31, 2024. In view of which the government has taken this decision.

The Food Supply Ministry said that it is keeping a close watch on the stocks of wheat and rice to keep a check on the prices so that its availability can be ensured across the country. The Ministry of Consumer Affairs and Food Supplies has issued a press release informing about this decision.

The ministry said in its statement that keeping in mind the food security, to curb the hoarding and prices of wheat, the Government of India has decided that traders, wholesalers, retailers, big chain retailers and processors of all the states and union territories. Will have to declare the wheat stock position by visiting the website. All these traders will have to share information about their wheat stocks by visiting https://evegoils.nic.in/wheat/login.html portal every Friday from April 1, 2024, till further orders. The government has told all the units that they will ensure that regular and accurate information about wheat stocks is being provided.

The government said that the deadline for declaring wheat stock limit for all units of states and union territories has expired on March 31, 2024. After this, all the units will have to go to the portal and share the information about wheat stock. The rule for declaring rice stocks is already in force.

The government said that whoever is not registered on the portal can register and declare the stock of wheat and rice every Friday. It is necessary for all units to declare the stock by visiting the portal.

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