Govt mulls raising levy sugar quota to boost supply
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Govt mulls raising levy sugar quota to boost supply

Last Updated: Wednesday, August 19, 2009, 12:16
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Govt mulls raising levy sugar quota to boost supply New Delhi: To boost the supply of sugar and curb its price rise, the government is mulling increasing the amount of levy sugar that mills are required to contribute for selling in ration shops.

"The government is considering an increase in the percentage of levy sugar to make more sugar available through the public distribution system," Food and Agriculture Minister Sharad Pawar said addressing state food ministers here on Wednesday.

At present, sugar mills are required to provide 10 percent of their total production as levy sugar.

Pawar had two rounds of talks with the industry on ways of increasing supply of sugar. Among the solutions that were discussed were increasing levy sugar quota and incentivising farmers to grow more sugarcane crops.

"We will have to collectively think as to how we ensure that this sugar really reaches the intended beneficiaries," he said.

Pawar said sugar production for the next season "is not going to be bright," adding that sugar output in the current sugar season had declined from 263 lakh tonnes to about 160 lakh tonnes against the domestic requirement of 225-230 lakh tonnes, which had put pressure on the prices.

In recent weeks, the rates of sugar have reached about Rs 30 a kg in the retail market from Rs 17-18 per kg a year ago.

Bureau Report

First Published: Wednesday, August 19, 2009, 12:16

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Jamshed - Mumbai
These all are temporary solutions. Govt must work on growth of agriculture sector to fight against drought
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muslimbhagawat - india
IT IS UNFORTUNATE THAT WE HAVE ONE MOST BRILLIANT FOOD MINISTER IN WHOSE TERM THE DRAUGHT IN INDIA OCCURRED.HE IS THE CHAIRMAN OF SEVERAL SUGAR MILLS IN MH.BUT WHAT IS THE UPA WILL DO NOW.WILL IT SACRIFICE THE GOVT OR SACRIFICE PAWAR? UPA HAS NO WAY OUT.EITHER WAY IT IS GOING TO LOOSE IN MH.THE DRAUGHT IN MH WOULD DEFINITELY BRING DOWN UPA COMBINE.
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