Sugar Rate: Central Government’s efforts to control sugar rate
Kolhapur News : The Center has given a sales quota of twenty five lakh tonnes to the sugar mills in the country to sell sugar in the domestic market in the month of September. Eight days ago, the Center had given an additional quota of two lakh tonnes to the factories. Compared to September last year, this sugar quota is more than one and a half lakh tons. Compared to last month, this sales quota is fifty thousand tons more. The Center has announced more quota for September to ensure that sugar prices do not rise in the domestic market under any circumstances. Currently, the Center is running to control the sugar market.
A decrease in sugar yield is expected in the next season. Even now there is no surplus sugar left in the country. Big demand for sugar is expected in the market in the future. Due to this, the Center should sell maximum sugar by the factories during this period so that there is no shortage of sugar in the market. This expectation has increased the sugar quota. In August, the July quota was extended by fifteen days, while in the final phase of August, the sugar quota was again increased by two lakh tonnes. At present, the sugar mills are continuing their efforts to sell sugar cautiously as the demand comes. Factory workers said that the demand for festivals is still not high. After the demand starts during Ganeshotsav, it will continue till Diwali, the manufacturers estimate.
Center’s close attention on sugar rate
It is estimated that the season will start somewhat late in Maharashtra, Karnataka this year. The season starts in October every year nationally. This year, the season in the major sugarcane producing state is likely to start in late November. It will still be two and a half months before the new sugar comes to the market. In this regard, the center has to plan the sale of sugar. The center is currently monitoring the sugar balance strictly. Sources in the Central Food and Public Distribution Department said that we are keeping a close eye on ensuring that the sugar prices do not go out of reach under any circumstances.
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