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Current Position:Home » News » Condiments & Ingredients » Ingredients » Topic

India government to release 104 lakh tonne sugar for open market sale

Zoom in font  Zoom out font Published: 2013-03-28  Views: 17
Core Tip: The Central government has decided to make available 104 lakh tonne of sugar, as non-levy quota for open market sale, for the 6 months of April 2013 to September 2013.
The Central government has decided to make available 104 lakh tonne of sugar, as non-levy quota for open market sale, for the 6 months of April 2013 to September 2013, according to a press note issued by the ministry of consumer affairs, food and public distribution.

The quantity will be made available as per the details given below:

Particulars Quantity in lakh tonne
Normal quota 104

The sale and delivery / dispatch period for the above quota would be from April 1, 2013, and upto September 30, 2013, without any inter-month restrictions.

The non-levy quota would be apportioned and released only among those sugar mills, which submitted online production returns at the time of release.

Mill-wise quota apportionment would discount the entire non-levy quota released for the period of October 2012 and upto March 2013 and any quantity left unsold would not be available for sale during the period of April 2013 to September 2013.

There would be no conversion of unsold non-levy quota into levy quota during the period of current release, i.e. April to September 2013.

Further, the government has released, during this month, 3.69 lakh MT of levy sugar for meeting requirements of Public Distribution System for the months of April-May 2013.


 
 
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