The Government of India has taken proactive measures to ensure the stable retail price of sugar in the country by issuing orders that mandate weekly stock disclosures of sugar by Traders/Wholesalers, Retailers, Big Chain Retailers, and Sugar Processors. This initiative aims to combat hoarding and curb speculative practices in the sugar market, read the Ministry […]
The government has reduced the permissible wheat stock for traders, wholesalers and large-scale retailers to 2,000 tonnes from 3,000 tonnes, with immediate effect. The move aims to curb the rise in prices, according to Sanjeev Chopra, Secretary of Food and Public Distribution. However, Processors can maintain the same quantity of stock as earlier. Chopra emphasised […]
The Department of Food and Public Distribution (DFPD) in India has lauded the Government’s prompt actions, leading to a substantial availability of sugar at reasonable prices across the country. While speaking to ANI, Secretary of DFPD, Sanjeev Chopra informed that as the current Sugar Season (Oct-Sep) 2022-23 approaches its end on 30 September 2023, India […]
Sugar output in Maharashtra, India’s top producing state, is likely to fall 14 per cent in the 2023-24 crop year to its lowest in four years due to lower cane yields following the driest August in more than a century, industry and government officials told Reuters on Wednesday. The reduced output could add to food […]
Sugar prices in Pakistan have increased to Rs 185 per kg, with the country’s Economic Coordination Committee (ECC) asking relevant agencies to check for the hoarding and smuggling of sugar, Dawn reported. Dawn is a reputed Pakistan-based English daily. The rising wholesale rates have been providing an opportunity for various online mart and retail shop […]
India is not considering imposing any restrictions on exports of non-basmati parboiled rice, Food Secretary Sanjeev Chopra said on Tuesday. Last month, India surprised buyers by imposing a ban on the export of widely consumed non-basmati white rice, following a ban on broken rice exports last year. “There is no proposal as of now to […]
Despite the government’s lack of interest in growing commodity prices, the sugar price at Jodia Bazaar, the country’s principal wholesale commodities market, increased to Pakistani currency (PKR) 136-137 per kg from Rs 131-132 a few days ago, owing to an export-driven jump in demand, Dawn reported. Wholesale costs have risen by Rs 19 per kg […]
The Centre is likely to implement a blanket ban on sugar export in response to rising prices and lower-than-expected production in the 2022-23 season, which began in October. According to the current quota, millers are permitted to sell around 6 million tonnes of sugar in the 2022-23 crop marketing year (October to September), down from […]
There is sufficient sugar available in India for domestic needs at reasonable prices throughout the year, said the food ministry on Monday evening. In sugar season 2022-23 (October-September), India is expected to produce 336 lakh tonne of sugar with a diversion of about 50 lakh tonne for ethanol production. Thus, total production in the country […]
