The limit imposed on onion stock holding to check prices

The government recently imposed a holding limit on holding onion stocks under the Prevention of Black Marketing and Maintenance of Supplies of Essential Commodities Act, 1980.

Onion price has shot sharply in the past few weeks with prices crossing the Rs.75 per kg mark. Retailers can now hold only up to 2 tonne, while whole sellers can hold up to 35 tonne. 

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News source: Business today 

Update by Suman Mondal