Amid the recent rise in sugar prices, the central government has taken a major decision on supply. From September 2026, sugar mills will be allotted sales quota every 15 days instead of monthly. The aim of the government is to maintain adequate availability of sugar in the market and prevent hoarding or shortage. The government has clarified that there is no shortage of sugar in the country.
At present, the food ministry allocates sales quota to sugar mills for an entire month. A government stock check revealed that some mills had more sugar than declared, while others sold less than their allotted quota. According to the ministry, in some cases, sugar sold at the beginning of the month was withdrawn by buyers at the end of the month, causing a temporary supply shortage in the market.
Under the new rules starting from September, mills will get a fortnightly sales quota. Mills have to sell at least 40% of their allotted quantity in the first week and the rest in the following week. Additionally, sugar must be shipped within seven days of its sale. The government believes that this will speed up the supply chain and improve availability of sugar in the market.
According to the government, ex-mill sugar prices have fallen by about 20 per cent in the past few days, and retail prices have also started to come down. The government says retail prices may fall further if supply remains normal. To control inflation, the central government has also allowed import of one million tonnes of raw sugar till October 31. Additionally, stock limits have been imposed on dealers and large buyers, while sugar exports are already restricted.
-
7 transfers that were called off after fan pressure: Arnautovic, Ronaldo, Diouf and more
-
cool tourist places around gujarat
-
Inside John Galliano’s decision to pull out of Met Gala — and how it could affect Anna Wintour’s legacy
-
Vietnamese engineer becomes first foreign member of Japanese volunteer fire brigade
-
Hamza Ali Abbasi urges society to support women seeking remarriage
