CURRENT AFFAIRS

Detailed explanation-1: -Uttar Pradesh becomes first state to impose stock limit on edible oils: Official.

Detailed explanation-2: -The largest oilseed-producing states in India include Andhra Pradesh, Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu, Uttar Pradesh, West Bengal.

Detailed explanation-3: -The stock limit for edible oilseed would be 100 quintal for retailers, and 2, 000 quintal for wholesalers. Processors of edible oilseed would be able to stock a 90-day production of edible oil, as per the daily input production capacity.

Detailed explanation-4: -For oilseeds, the stock limit will be 100 quintals for retailers and 2, 000 quintals for wholesalers. Processors of oilseeds will be allowed to stock 90 days’ production of edible oils as per daily input production capacity.

Detailed explanation-5: -Adani Wilmar Limited Adani Wilmar is the industry leader in edible oil. It is among India’s top 10 FMCG companies for consumers as well as top producers of edible oils. The Adani Group and Wilmar Group formed this collaboration in 1999, and on February 8 of 2022, its shares went public.