Government to release 1.65 million tonne non-levy sugar for August
30 Jul 2009
The government has decided to release non-levy sugar quota of 1.65 million tonne for August 2009, including the normal quota of 1.38 million tonnes, dismantled buffer stock of 1.33 lakh tonnes and processed white sugar out of imported raw sugar of 1.40 lakh tonnes.
The government has done away with the practice of announcing the non-levy sugar quota on quarterly basis and instead started releasing it on a monthly basis with effect from July 2009, till suspension of futures trading in sugar remains in force, the ministry of consumer affairs, food and public distribution, said in a release.
Further, 61371 million tonnes of white / refined sugar imported by designated agencies has already landed. It is expected that importers would dispose of at least one third of quantity imported white/refined sugar in the month of August 2009, the release stated.
The total availability of non-levy sugar in August 2009 would be 1.67 million tonnes, according to the release.
A quantity of 1.85 lakh tonnes has also been released under levy sugar for distribution in the public distribution system (PDS) for August. Thus, the total sugar available in August 2009 would be 18.55 lakh tonnes, sufficient to meet the internal demand of sugar for this month, the release added.