Mangaluru, Jul 6: Food and Civil Supplies Department Minister U?T Khader said the Food and?Civil Supplies Department is all set to introduce a new set of guidelines from July 8.
The guidelines are intended to rein in the hoarding of essential food items for ulterior motives by traders, causing surge in prices, he added.
According to the guidelines, there will be a cap on stocking of food items by both retailers and wholesalers, who have to sell commodities complying with the price fixed by the government. “It has been decided to restrict retailers to stock not more than 50 quintals for now, to maintain the market price of essential commodities like tur dal, edible oil and sugar. For wholesalers, it will be 1,000 quintals in rural areas and 2,000 quintals in urban areas. If the traders are found stocking the commodities in excess, fine will be imposed on them.”
Besides, wholesalers have to sell the tur dal at Rs 130 a kg while retailers can sell the same for a marginal profit. At the APMC yard at Yeshwanthpur, Bengaluru, alone, there are 50 wholesalers – besides the 200 across the state, said?Khader answering to a question.
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