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Answer Detail

GOVERNMENT OF INDIA
MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION
RAJYA SABHA
QUESTION NO 2809
ANSWERED ON 19.12.2011
Regulation of release of sugar
2809. SHRI BALAVANT ALIAS BAL APTE
Will the Minister of CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION be pleased to satate :-
(a) whether a mechanism to regulate release of sugar is in force;
(b) if so, the details thereof and its impact on the price of sugar in the country and the month-wise price of sugar in the domestic market during the last year;
(c) whether a similar regulatory system is also in force in any other industry of the country;
(d) if so, the details thereof; and
(e) if not, the justification for retaining this mechanism in the sugar industry?
Answer
(a) Yes sir.
(b) Under the regulated release mechanism, there is judicious release of sugar every month in the country for the domestic market. The purpose is to ensure availability of sugar at reasonable prices, throughout the year, keeping in mind the domestic demand and supply situation, international scenario, market sentiments etc. A statement indicating the retail prices of sugar in the country during the last year i.e. from December, 2010 to November, 2011 is given at Annexure.
(d)) As per information received from states, out of 667 installed sugar mills, 398 sugar mills, i.e. about 60% have commenced production of sugar till 30th November, 2011. ****
           

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