India mandates weekly reporting on wheat stocks to prevent hoarding
Fri, Mar 29, 2024 5:39 PM

India mandates weekly reporting on wheat stocks to prevent hoarding

A Flip by Riya Sharma
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India has asked traders, major retailers and food processors to declare wheat stocks every Friday from April to prevent hoarding and price spikes, the government said on Friday. The world’s second-biggest wheat consumer after China has been trying to contain wheat prices after heat waves curtailed production for two straight years.

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