The Government has made available an additional 2.66 lakh MT non-levy sugar for sale by August, 2012. This availability of non-levy sugar was feasible after it decided to convert levy sugar stock for the sugar seasons 2008-09 and 2009-10 into non-levy sugar to be sold by the concerned sugar mills by August, 2012.
Besides, the sale conditions relating to release of quarterly non-levy quota for the July to September, 2012, quarter has also been modified by the Government. As per the new changes, each sugar mill for the month of July, 2012 shall sell 30% of the non-levy sale quota and at least 70% of the quota in the month of July and August, 2012 while the balance 30% can be sold off during September, 2012. Further, the Government has made clear that if anybody fails or is found to be selling less than monthly quantity as prescribed above would face conversion of unsold non-levy quantity into levy sugar.
The sale condition set up earlier by the Government under which a quantity of 45 lakh tons of sugar was released was accompanied with the condition that the sugar factory shall sell and deliver/dispatch the entire non-levy quantity of 45 lakh tons released for the July, 2012 to September, 2012 quarter within the validity period of the release order i.e. from July,2012 to September, 2012 with the condition that the sugar mills should sell not less than 25% of the quarterly quota in each month of the quarter and that the remaining 25% can be sold at any time during the quarter as per their commercial prudence.
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