Home Breaking News Centre to ensure availability of sugar during festival period of October-November

Centre to ensure availability of sugar during festival period of October-November

by Times One Odia
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Centre’s first priority is to ensure sufficient availability of sugar for consumption at reasonable rate, thereafter maximum sugar to be diverted to ethanol, said Sudhanshu Pandey, Secretary Department of Food and Public Distribution while interacting with media persons here today.

Talking about prioritizing domestic consumption, he said that during the festival period of October & November, the demand of sugar increases and therefore, the Centre is committed to ensure availability of sugar for the lean period.

Government of India is committed to stablise prices of sugar in the domestic market and in last 12 months, prices of sugar are under control. Wholesale prices of sugar in India are range bound between ₹ 3150 – ₹ 3500 per quintal while retail prices are also within control in the range of ₹36-44 in different parts of the country.

Global situation reflects a shortage of sugar, especially due to lower production in Brazil. This may trigger the demand globally and so as to safeguard domestic availability and interests, DGFT issued an order to maintain domestic availability & price stability of sugar in the country during sugar season 2021-22 (October-September), Central govt to regulate sugar exports w.e.f June 1, 2022, till further orders. Government will allow sugar exports up to 100 LMT.

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