Centre further tightens stocks limits on edible oils and oilseeds

Extends curbs till June 30, specifies quantity each trader can hold in states where the quantum hasn't been laid out

The Centre has tightened the stock limits on edible oils and oilseeds by extending the curbs till June 30, 2022 and also by specifying the quantity that each trader can hold in those states where the quantum hasn’t been laid out.

The government, in an order issued in October 2021, had imposed stock holding limits on edible oils and oilseeds to control their prices.

But, it had left it to the states to determine the quantum of holding depending upon their local needs and requirements.

However, since then six states namely UP, Karnataka, Himachal Pradesh, Telangana, Rajasthan and Bihar had