EconomyTuesday, 21 April 2026·https://testbook.com/current-affairs/21-april-2026-daily-current-affairs
Textiles Ministry sets zero raw jute stock limit for traders and balers
The Ministry of Textiles set zero stock limits for raw jute traders and balers on April 20, 2026, to curb hoarding and stabilize supply.
Key highlights
Direct fact
On April 20, 2026, the Ministry of Textiles in New Delhi reduced raw jute stock limits to zero for traders and balers, while allowing jute mills and processing units to hold stock equal to 45 days of consumption.
Key specifics
- Raw jute balers and stockists are allowed zero stock holdings.
- Jute mills and processing units can hold up to 45 days of consumption.
- Existing stocks must be sold by May 5, 2026.
- Physical delivery of sold stocks must be completed by May 15, 2026.
- Violations will be dealt with under the Essential Commodities Act, 1955.
Exam lens
Question type: economy, commodities regulation, and legal provisions. TNPSC may ask the stock limit, the compliance dates, and the Act used for enforcement.