CATCH ME UP
Dealer stock limits were halved to two thousand quintals from September fifteen to November thirty.
Officials said the move is meant to curb hoarding and ensure adequate domestic availability.
Retail sugar prices remain elevated even as ex-mill prices have fallen over twenty percent.
Authorities are also carrying out intensive monitoring and physical verification of sugar stocks.
Why it mattersCutting dealer stock limits can reduce hoarding pressure and influence sugar prices and supply availability for consumers.
More context
Kolkata and surrounding areas are exempt and retain the four thousand quintal limit.
Trade representatives expect the measures to prevent further increases in sugar prices.