Wheat Stock Limits Aimed at Preventing Price Volatility: Government Sources

04-Jun-2025 08:38 AM

Wheat Stock Limits Aimed at Preventing Price Volatility: Government Sources
★ The government’s decision to reimpose stock limits on wheat last week—almost a month before the end of the procurement season—was taken to prevent possible price volatility and control inflationary pressures, according to senior government officials.
★ Sources said the government is currently very cautious about the prices of essential food items like wheat, especially with the Bihar assembly elections scheduled later this year. The aim is to avoid any sudden spike in wheat prices that could put an extra burden on consumers.
★ The government has already indicated plans to increase wheat supply in the market under the Open Market Sale Scheme (OMSS), and the reimposed stock limits are part of that broader strategy.