he Union food ministry has imposed stock limits on sugar mills for the next two months, in a bid to keep sugar prices under control during the festive season.
There is no shortage of sugar for domestic consumption in the country.
For keeping prices of sugar under control during the festival months of Sept. & Oct. 2017 stock limits have been imposed on sugar mills. According to a notification issued by the ministry on Tuesday, the stock limit for September 2017 is 21 per cent of total sugar available with sugar mills during the 2016-17 sugar season. For October, it’s eight per cent of total sugar available with the mills during the 2016-17 sugar season.
For keeping prices of sugar under control during the festival months of Sept. & Oct. 2017 stock limits have been imposed on sugar mills.
Stock limit for Sept. 2017 is 21% of total sugar available with sugar mills during 2016-17 sugar season. Stock limit for Oct. 2017 is 8% of total sugar available with sugar mills during 2016-17 sugar season.
Stock limit for Sept. 2017 is 21% of total sugar available with sugar mills during 2016-17 sugar season.
The notification also said the government had asked all states and Union Territories to take steps to ensure enforcement of the stock limits on mills.