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Our Bureau

New Delhi, March 29

In a further bid to boost ex-factory realisations, the Centre has released 38 lakh tonnes (lt) of sugar as the free sale quota (FSQ) for mills during the April-June quarter. For the same quarter of 2006, the FSQ allocation amounted to 43.25 lt. In other words, there is 5.25 lt less of sugar that would be available for mills to dispose of in the open market.

For April 2007, the FSQ has been fixed at 12 lt, which is below the 15.75 lt released in April 2006. Even after including the 1.77 lt of levy sugar for the public distribution system, the total sugar available for consumption in the coming month, at 13.77 lt, is lower than the 16.56 lt for April 2006. The Government has also extended the validity period of the March FSQ release up to April 15, enabling mills to sell and dispatch the unsold quantity during this extended period.

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