Government Reduces Jute Stock Limits for Jute Traders and Balers

• Regulatory intervention by the Office of the Jute Commissioner (Ministry of Textiles) imposing/revising stock limits on raw jute held by balers, traders and mills to curb hoarding and speculative trading.
• Issued under the Jute and Jute Textiles (Control) Order, 2016, which derives from the Essential Commodities Act, 1955.
• Examinable for Prelims (scheme/Act mapping, MSP figure) and Mains GS-III (agri-marketing, ECA, MSP, industry interface).