Centre releases additional 4 lakh ton of non-levy sugar for August month

For the month of August, the Central Government has released additional 4 lakh ton of non-levy sugar. With this the total of 51.66 lakh ton of non-levy sugar will be available. The Centre had earlier released 45 lakh ton of sugar in June and 2.66 lakh ton in July.

The Centre has released the additional quantity from the production stock to be sold and delivered/dispatched for the month of August, 2012. Besides, the mill wise additional non-levy quota has also been released accordingly.

Moreover, the government has prescribed the quantities of non-levy sugar to be sold by the sugar mills for this quarter. The sugar mills who fail to sell the set quantities within the stipulated time will face penalty whereby the Centre will convert unsold quantities of non-levy sugar into levy sugar.

India is the world's second-largest producer of sugar and the production is estimated at 26 million tonnes in 2011-12 against 22 million tonnes of annual domestic demand.