NEW DELHI, Sept 1: The Centre on Tuesday reduced the stock holding limit for sugar dealers from 4,000 quintals to 2,000 quintals, effective September 15 to November 30, in a bid to check rising retail prices.
The 4,000-quintal limit, imposed on August 1, will continue in Kolkata and its extended metropolitan areas, citing specific market requirements, the Food Ministry said.
The move is aimed at ensuring adequate domestic sugar supplies and curbing hoarding and speculative trading.
