Revised Norms
Govt cuts jute stock limits to prevent hoarding, check price rise
This story was originally published at 21:02 IST on 20 January 2026
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NEW DELHI – The government has reduced stock limits for jute traders and balers to prevent hoarding and check rise in prices, the Ministry of Textiles said in a press release. The stock limits have been tightened due to a sharp rise in jute prices in the past few months, which have been hovering well above the minimum support price, it added.
According to the revised norms, balers with pressing capacities cannot hold more than 1,200 quintals, while stockists cannot hold more than 25 quintals. Unregistered traders can only stock 5 quintals, and jute mills can hold stocks equivalent to 45 days' consumption need, it added. One quintal is 100 kilograms.
Trade entities must declare their stock positions on the government's portal every fortnight. The government has directed traders to reduce stocks according to prescribed limits within 10 days from the issuance of the order. End
Reported by Afra Abubacker
Edited by Ashish Shirke
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