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Govt releases 104 lakh tons sugar for open market sale

Updated: Mar 28, 2013 02:40:11pm
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New Delhi, Mar 28 (KNN) The Central Government has decided to make available 104 lakh tons of sugar, as non-levy quota for open market sale, for 6 months, effective April, 2013 to September, 2013, without any inter-month restrictions.
 
“The non-levy quota would be apportioned and released only among those sugar mills which have submitted online production returns at the time of release,” said an official statement from the Ministry of Consumer Affairs, Food and Public Distribution on March-26.
 
Mill wise quota apportionment would discount the entire non-levy quota released for the period of October, 2012 and up to March, 2013.  Any quantity left unsold would not be available for sale during the period of April, 2013 to September, 2013.
 
Further, there would be no conversion of unsold non-levy quota into levy quota during the period of current release, from April to September, 2013.
 
The government has also released during this month, 3.69 lakh million tonnes of levy sugar for meeting requirements of the public distribution system for the months of April – May 2013.  (KNN)

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