Current Affairs · Government Policies
To prevent hoarding and speculative trading, the government revised wheat stock limits under the Essential Commodities Act, 1955. Consider the following statements regarding the revised stock limits applicable till 31st March 2026: 1. For traders and wholesalers, the limit is 3000 MT. 2. For retailers, the limit is 8 MT per retail outlet. 3. For big chain retailers, the limit is 10 MT per retail outlet, subject to (10 × total number of outlets). Which of the statements given above is/are correct?
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