New Delhi: India may soon get relief from the high prices of eggs and chicken. The Center has imposed a limit on stockpiling for Soya Khali till June 2022. This simply means that by June 2022, no one will be able to stock more than the prescribed limit. Setting stock limits will not mean hoarding, which will keep the prices of eggs and chicken under control.
The move has been taken to curb the hoarding of Soya Khali used as raw material in the same poultry feed industry and to check the price rise. The same official statement said that the limit will remain in force till June 30, 2022, and an order in this regard has been issued with effect from 23rd December.
Further, the Government has notified an order under the Essential Commodities Act to amend the Schedule of Essential Commodities Act, 1955 and declare 'Soyamil' as an essential commodity by 30th June 2022. Soya Khali processors, mill owners, and plant owners can stock most of the 90 days of production and they will be required to declare storage space. Government-registered merchant companies, businessmen, and private chaupals can hold a maximum stock of 160 tonnes with a designated and declared storage space. If the stock held by legally qualified entities exceeds the prescribed limit, it will have to be declared on the Food Ministry's portal http://evegoils.nic.in/soya_meal_stock/login from the date of issue of the notification and the same will be issued by 30 Within the prescribed stock limit.