India’s Jute Commissioner has revised raw jute stock limits under the Jute and Jute Textiles Control Order, 2016, amid prices rising well above MSP levels.
The move aims to curb hoarding, stabilise supply, and check speculation.
Entities must declare stocks fortnightly, reduce excess holdings within ten days, and face penalties under the Essential Commodities Act for violations.
The move aims to curb hoarding, stabilise supply, and check speculation.
Entities must declare stocks fortnightly, reduce excess holdings within ten days, and face penalties under the Essential Commodities Act for violations.
