Govt releases 41 lakh tonnes free sale sugar for Jan-Mar 2007

New Delhi, Dec 28 (UNI) The Government has released 41 lakh tonnes of free sale sugar for the quarter January to March, 2007, to maintain the retail sugar prices at reasonable levels.

For the month of January, 2007, the government has released the free sale sugar quota of 13 lakh tonnes and in addition, a quantity of 1.84 lakh tonnes has also been released as levy sugar for distribution under Public Distribution System (PDS).

Thus, the total availability of sugar for consumption during January, 2007, would be 14.84 lakh tonnes, an official statement said today.

The sugar released for January, 2007, is required to be sold within the month and any unsold quantity at the end of the month would be converted into levy sugar.

The January-March, 2007, quota of free sale sugar of 41 lakh tonnes as well as the January 2007 quota of 13 lakh tonnes is expected to maintain the retail prices of sugar at reasonable level.

However, if sugar prices show any abnormal increasing trend, additional statement shall be made, the release added.

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