The Economic Times

Govt cracks down on sugar hoarding, imposes 30-day stock limit from Aug 1 till Nov 30

The Centre has imposed stock holding limits on sugar dealers nationwide from August 1 to November 30. This measure aims to curb hoarding and speculative trading, ensuring adequate domestic availability. The government will closely monitor market activities and take further steps if needed. Sugar prices have climbed to record highs recently, prompting government intervention. Genuine trade and distribution activities will continue without disruption during this period.