New regulation in India causes displeasure among retailers

India has published new regulations on stock level restrictions. In the new regulations, the country has reduced the maximum amount of stock held by traders by 75% to 250 tons. Excess stocks must be reduced within 15 days, meaning that the regulation will only come into effect after March 5. It applies until March 31. Many traders were critical of the new regulation and expressed their anger. However, the government is no longer expected to give in.