ANNOUNCEMENT 31 Aug 2018

A stockholding limit was imposed on sugar producers for the month of September 2018.
 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Official order of the Department of the Food and Public Distribution
http://dfpd.nic.in/writereaddata/Portal/Magazine/Document/1_222_1_orderwhatsnew.pdf

Inception date: 01 Sep 2018 | Removal date: 30 Sep 2018

Price stabilisation

On 31 August 2018, the Ministry of Consumer Affairs, Food and Public Distribution imposed a stock holding limit on 524 sugar producers producing sugar by vacuum pan process for the month of September 2018.

The Notifications requires the producer to hold stocks of white/refined sugar at the end of September as per the following formula - 

    Opening Stock on 1 September 2018

   + Production during the month of September 2018

   - Domestic dispatch in September 2018 not exceeding quantity as specified in the Notification

   - Export dispatch in September 2018

AFFECTED SECTORS

 

AFFECTED PRODUCTS