ChiniMandi, New Delhi: In a notification issued on 29th day of October 2020, the food ministry has allocated 22.5 LMT monthly sugar quota for November 2020 to each of 548 mills in India.
The allocated monthly sugar quota for November 2020 is 2 LMT higher than the quota allocated for sale in November 2019 which stood at 20.5 LMT. In the previous month the Govt. allocated 23 LMT monthly sugar quota for October 2020 to each 547 sugar mills in India.
The group sugar producing companies having more than one sugar producing unit may maintain the stock as defined in Para (1) of this Order, either unit wise or for the group as a whole. The sugar-mill wise November 2020 been worked out on the basis of the following parameters:
The November 2020 stock holding limit has been worked out on the basis of giving 100% weightage to the month end notional stock for the month of October 2020.
The notional month-end stock for the month of October 2020, has been worked out on the basis of month end stock for September, 2020 (as reported on P-II) further adding the sugar lifted from sugar mills for export as per 4.3 column P-II and subtracting actual release for October 2020.
The incentive in lieu of sugar sacrificed for producing ethanol from B-heavy molasses/sugarcane juice/sugar syrup/sugar has been given corresponding to the ethanol production for August 2020 for stock holding limit order for the month of November 2020.
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