December 19, 2017 9:31 PM

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Govt withdraws stock holding and turnover limits on sugar dealers

The government has withdrawn stock holding and turnover limits on sugar dealers with immediate effect as demand-supply situation is likely to be comfortable with the estimated rise in production. The Ministry of Food and Public Distribution, in a statement said, prices are also expected to remain stable at reasonable level.<br/><br/>Sugar production of India is estimated to increase at 249 lakh tonnes in the 2017-18 marketing year from 203 lakh tonnes in the previous year.<br/>The stock holding and turnover limit was imposed till December this year.

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