April 4, 2013 8:50 PM

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Centre approves decontrol of sugar

Cabinet Committee on Economic Affairs(CCEA) has decided to de control sugar. Briefing reporters after the meeting in New Delhi this evening, Food Minister, K. V. Thomas said that levy on sugar mills and regulated release mechanism has been done away with.

Mr. Thomas said that sugar will continue in PDS . He said the subsidy burden will go up from 27 hundred crore rupees to 5300 crore rupees after the decontrol. He said states would be free to purchase sugar from the open market in a transparent manner and supply the same to the ration card holders.

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

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