New Delhi, Aug. 26 -- New Delhi: The central government on Tuesday revised the stock limits for wheat across the country until 31 March, tightening ceilings for traders, retailers and processors in a bid to curb hoarding amid concern over rising prices and market volatility ahead of the festival season.

According to the ministry of consumer affairs, food and public distribution's directive under the Essential Commodities Act, 1955, traders and wholesalers will be allowed to stock a maximum of 2,000 tonnes wheat, while individual retailers can hold up to 8 tonnes at each outlet.

Big chains will be permitted to stock 8 tonnes of the food grain per outlet, subject to a cumulative ceiling based on the total number of outlets. For processors...