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Update at 1515 hrs (IST)


General
States’ regulatory powers on farm stocks extended

NEW DELHI: The Centre on Thursday extended till April 2009, the power of States to regulate how much stocks of farm goods traders can keep in a given period, a move aimed at checking hoarding.

“For keeping a check on prices and in the interest of farmers, the government has decided to extend the notification for imposition of stock limits on rice, wheat, pulses and edible oils till April 30, 2009,'' the Information and Broadcasting Minister P R Dasmunsi said here after a meeting of the Union Cabinet that approved the decision.

He said paddy has been added to the list of items to be kept under the stock limit. The notification that allows States to impose stock limits on certain commodities was to expire on August 31 this year. - PTI

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