The Government of India closely monitors wheat prices and takes appropriate measures to maintain price stability for consumers. In Rabi 2024, the country recorded a total wheat production of 1132 LMT (Lakh Metric Tons), ensuring ample availability of wheat. To safeguard food security and prevent hoarding and speculative practices, the Government of India has imposed revised stock limits for wheat on traders, wholesalers, retailers, big chain retailers, and processors across all states and union territories. The Removal of Licensing Requirements, Stock Limits, and Movement Restrictions on Specified Foodstuffs (Amendment) Order, 2024, originally issued on June 24, 2024, and revised on September 9, 2024, applies nationwide. Key Revisions in Wheat Stock Limits: Traders/Wholesalers: The stock limit has been reduced from 2000 MT to 1000 MT. Retailers: The new limit is 5 MT per retail outlet, down from 10 MT. Big Chain Retailers: They are now allowed to stock 5 MT per outlet, with the total stock across all outlets and depots capped at (5 * total number of outlets) MT. This is a reduction from the previous limit of 10 MT per outlet and (10 * total number of outlets) MT at depots. Processors: The stock limit for processors has been lowered from 60% to 50% of their Monthly Installed Capacity (MIC), calculated for the remaining months until April 2025. These revised stock limits are designed to ensure that wheat stocks are distributed more evenly across the supply chain and to avoid artificial shortages, thereby ensuring wheat is available at reasonable prices across the country.