Business Economy India kerala News Politics

Tamil Nadu Government Imposes Stock Limits on Paddy, Rice and Pulses to Curb Price Rise

Chennai: The Tamil Nadu government has introduced stock limits on paddy, rice and pulses to prevent hoarding, ensure fair distribution and maintain the availability of essential food commodities at reasonable prices.

The move comes amid a sharp increase in the prices of rice and other essential commodities, with the state government facing criticism from the opposition over rising food costs.

With the prior approval of the Centre, the state government has issued orders specifying the maximum quantities of rice, tur dal and urad dal that traders can stock.

According to the new regulations, wholesalers are permitted to stock a maximum of 2,000 metric tonnes of paddy and rice, while retailers can hold up to eight tonnes per outlet.

The restrictions are aimed at preventing artificial shortages and stabilising market prices by ensuring an adequate supply of essential commodities.

Leave a Reply

Your email address will not be published. Required fields are marked *