The Government has released the first tranche of November domestic sugar quota of 15 lakh tonnes valid till November 15, 2023.
In a notification issued on Monday (October 23), the Ministry of Consumer Affairs released the first tranche of domestic sales quota of 15 lakh tonnes for November 2023 for 562 sugar mills with immediate effect.
The sugar mill wise maximum quantity of white/refined sugar for domestic sale and dispatch during November 2023, the first tranche has been worked out on following parameters. The November 2023 stock holding limit of the first tranche has been worked out on the basis of giving 100 per cent weightage to the month end notional stock for the month of October 2023, the notification said.
Curbs on exports
The notional month-end stock for October 2023 has been worked out on the basis of the month-end stock for September 2023 and subtracting the release of October 2023, the notification said.
Recently, the Centre has imposed curbs on sugar exports for an indefinite period to ensure sufficient availability of sugar for domestic consumers at reasonable price throughout the year. This is also expected to help ensure healthy stocks of sugar in the country and maintain consistency in India’s efforts towards greener fuel under ethanol blended fuel programme.