Govt imposes stock limits on soyameal till June 2022 to check price rise
New Delhi Dec 24 PTI The Centre on Friday imposed stock holding limits on soyameal which is used as a raw material in the poultry feed industry till June 2022 to curb hoarding as well as check rise in domestic prices The limits will be in place till June 30 2022 an official statement said Besides the government has notified an order under the Essential Commodities Act to declare soyameal as an essential commodity up to June 30 2022 by amending the Schedule of the Essential Commodities Act 1955 Soyameal processors millers and plant owners can hold a maximum stock of 90 days production and they are required to declare the storage location Government-registered trading companies traders and private chaupals can hold a maximum stock of 160 tonne with a defined and declared storage location PTI LUX RAM
New Delhi Dec 24 PTI The Centre on Friday imposed stock holding limits on soyameal which is used as a raw material in the poultry feed industry till June 2022 to curb hoarding as well as check rise in domestic prices The limits will be in place till June 30 2022 an official statement said Besides the government has notified an order under the Essential Commodities Act to declare soyameal as an essential commodity up to June 30 2022 by amending the Schedule of the Essential Commodities Act 1955 Soyameal processors millers and plant owners can hold a maximum stock of 90 days production and they are required to declare the storage location Government-registered trading companies traders and private chaupals can hold a maximum stock of 160 tonne with a defined and declared storage location PTI LUX RAM
