Hoarding india

Hoarding in India is a prevalent issue that is causing concern among consumers and authorities alike. It is an act of accumulating goods in excess of what is required, often with the intention of profiting from the scarcity created in the market. Hoarding can lead to artificial shortages, price hikes, and disruption of the supply chain, ultimately impacting the availability and affordability of essential commodities for the general public. One of the most common forms of hoarding in India is the hoarding of food items such as grains, pulses, and vegetables. Hoarders often stockpile these items in large quantities, either in warehouses or makeshift storage facilities, waiting for the right time to sell them at a higher price. This practice not only distorts the market prices but also deprives the common people of access to these basic necessities at reasonable rates. The issue of hoarding becomes particularly severe during times of crisis, such as natural disasters, pandemics, or economic downturns. Hoarders take advantage of the situation to create an artificial scarcity, further exacerbating the challenges faced by the vulnerable sections of society.