{"id":11203,"date":"2021-12-24T20:31:10","date_gmt":"2021-12-24T15:01:10","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-govt-ld-soyameal\/"},"modified":"2021-12-24T20:31:10","modified_gmt":"2021-12-24T15:01:10","slug":"biz-govt-ld-soyameal","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-govt-ld-soyameal\/","title":{"rendered":"Centre imposes stock limits on soyameal till June 2022 to check price rise"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-940874833\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>       New Delhi, Dec 24 (PTI) The Centre on Friday imposed stock holding limits on soyameal, which is used as a raw material in the poultry feed industry, till June 2022 to curb hoarding as well as check price rise.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2733774856\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> The limits will be in place till June 30, 2022 and an order in this regard was issued with effect from December 23, an official statement said.<\/p>\n<p> Besides, the government has notified an order under the Essential Commodities Act to declare &#8216;soyameal&#8217; as an essential commodity up to June 30, 2022 by amending the Schedule of the Essential Commodities Act, 1955.<\/p>\n<p> Soyameal processors, millers and plant owners can hold a maximum stock of 90 days production and they are required to declare the storage location.<\/p><div class=\"trade-content_5\" id=\"trade-1563088112\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> Government-registered trading companies, traders and private chaupals can hold a maximum stock of 160 tonne with a defined and declared storage location.<\/p>\n<p> If stocks held by legal entities are higher than the prescribed limits, then they have to declare the same on the food ministry&#8217;s portal &#8216;http:\/\/evegoils.nic.in\/soya_meal_stock\/login&#8217; and bring it to the prescribed stock limits within 30 days of the issue of the notification.<\/p>\n<p> It should be ensured that soyameal stock is regularly declared and updated on the portal, the statement said.<\/p>\n<p> The data on the portal will be regularly monitored and any follow-up action will be taken by the Department of Animal Husbandry and Dairying.<\/p>\n<p> &#8220;The above measures are expected to stop any unfair practices (like hoarding, black marketing etc) in the market having the potential to hike the prices of soyameal,&#8221; the statement said.<\/p>\n<p> The stock limits have been set in consultation with the Department of Animal Husbandry and Dairying.<\/p><div class=\"trade-content-10\" id=\"trade-3365043290\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> The notification of soyameal as an essential commodity would empower the Union government and all States\/UTs to regulate production and distribution of soyameal.<\/p>\n<p> The move will help to curb unfair market practices and enhance the availability of the commodity for consumers like poultry farm and cattle feed manufacturers, the statement said. PTI LUX  RAM<\/p>\n<div class=\"trade-after-content\" id=\"trade-3134969298\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Dec 24 (PTI) The Centre on Friday imposed stock holding limits on soyameal, which is used as a raw material in the poultry feed industry, till June 2022 to curb hoarding as well as check price rise. The limits will be in place till June 30, 2022 and an order in this regard [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1698,31],"tags":[],"class_list":["post-11203","post","type-post","status-publish","format-standard","hentry","category-commodities","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Centre imposes stock limits on soyameal till June 2022 to check price rise - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-govt-ld-soyameal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Centre imposes stock limits on soyameal till June 2022 to check price rise\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Dec 24 (PTI) The Centre on Friday imposed stock holding limits on soyameal, which is used as a raw material in the poultry feed industry, till June 2022 to curb hoarding as well as check price rise. 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