Govt releases non-levy sugar for April-June 07

New Delhi, Mar 29 (UNI) The Government today released 38 lakh tonnes of non-levy (free sale) sugar as for the quarter April to June, 2007 and has also decided to extend the validity period of non-levy sugar quota of March 2007 up to 15th April 2007.

This enable the sugar mills to sell and dispatch the unsold quantity during this extended period.

For the month of April 2007, the non-levy sugar quota released is 12 lakh tonnes. In addition, 1.77 lakh tonnes is released under levy for distribution in Public Distribution System.

Thus, the total availability of sugar for consumption in the month of April comes to 13.77 lakh tonnes.

The April-June 2007 quota of non-levy sugar of 38 lakh tonnes as well as the April quota of 12 lakh tonnes is expected to maintain the retail prices of sugar at reasonable levels.

However, if sugar prices show any abnormal increasing trend in any state, additional releases shall be made to sugar mills of that state so as to bring down the sugar prices.

UNI