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EquityWireMonthly Quota: Govt sets sugar sales quota for Jan at 2.25 mln tn, down 2.2% on year
Monthly Quota

Govt sets sugar sales quota for Jan at 2.25 mln tn, down 2.2% on year

This story was originally published at 21:22 IST on 26 December 2024
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Informist, Thursday, Dec. 26, 2024

 

--Govt: Jan sugar sales quota at 2.25 mln tn, up 2.3% from Dec

--Govt: Jan sugar sales quota at 2.25 mln tn vs 2.3 mln tn year ago

 

MUMBAI – The Centre has set the domestic sugar sales quota for January at 2.25 million tonnes, the Department of Food and Public Distribution said in a post on social media platform X Thursday. The quota for the upcoming month is down 2.2% on year from 2.3 million tonnes in January 2024 and up 2.3% from last month.

 

The government fixes the maximum quantity of sugar available for sale every month to support prices and help mills clear the arrears of sugarcane farmers. The Centre has directed sugar mills to pack 20% of their output in jute bags in the current sugar season 2024-25 (Oct-Sep), the department had said earlier on Monday. Mills are also mandated to furnish information on jute packaging monthly. 

 

The government sets monthly sales quotas for each sugar mill. A lower quota restricts mills from selling the sugar they have produced.  End

 

Reported by Taniva Singha Roy

Edited by Akul Nishant Akhoury

 

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