India, the world’s second-largest sugar exporter, is taking stock of its mills as global prices soar
In a bid to ensure ample availability of sugar at reasonable prices during the festive season, India has asked sugar traders and recognised dealers associated with mills to provide details of all sales between May and August 2023 by Tuesday, September 12.
The government has sought complete data on the current sugar stocks to ensure sufficient availability at reasonable prices, which will include a collection of data on sugar stocks sold to sugar traders/wholesalers other than sugar mills.
Addressing its letter as “top most priority”, the Ministry of Consumer Affairs, Food and Public Distribution has invoked Clause 5 of the Sugar (Control) Order 1966 to seek complete data on sugar stocks with traders, dealers, big retail chains, wholesalers and processors.
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