Seeking to calm apprehension of spike in sugar prices, the Centre on Wednesday said the country has “more than enough” stocks of the sweetener. “There will be no shortage of domestically produced sugar in India,” an official statement said in the wake of reports of fall in sugar production on account of two successive droughts. India had witnessed surplus sugar production for the past few years and millers were unable to sell it in global markets due to depressed prices. Though cane production is expected to dip this year, India already has about 75 lakh tonnes of sugar. According to estimates, sugar production during the 2016-17 season is pegged at 23-24 million tonnes. “The total availability of sugar during 2016-17 season will be over 31 million tonnes, against the domestic demand of about 26 million tonnes,” it said.