Government sets raw jute trader stock limits to zero to curb hoarding

Traders and balers must hold none under new limits

The government has ordered raw jute stock limits for traders and balers to be set at zero, aiming to stop hoarding and improve fair distribution. Jute mills and processing units are still allowed to hold stocks for up to 45 days. Firms must declare stock positions every fortnight, with the plan to stabilize supply and support farmers, manufacturers and consumers.