April 5, 2013 8:29 AM

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Cabinet approves de control of sugar

Cabinet Committee on Economic Affairs, CCEA has decided to de-control sugar. Food Minister, KV Thomas said in New Delhi that that levy on sugar mills and regulated release mechanism has been done away with.

Mr. Thomas said, sugar will continue to be available in Public Distribution System. The Minister said, the subsidy burden will go up from the present 27 hundred crore rupees to 5,300 crore rupees after the decontrol.

Information and Broadcasting Minister Manish Tewari said, price of the PDS sugar will not increase by the move and it will also not affect the common man.

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