Govt. Fixes 22 LMT Sugar Quota For Sale In November 2018

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In a notification issued on 31st day of October 2018, the food ministry has allocated sugar quota for sale to each of 513 mills in the country.

The Govt. has also announced that the mills which have not filed P-II return for the month of September,2018, the maximum quantity of white/refined sugar for domestic sale and dispatch during month of November, 2018 is treated as zero, and it will be continued to be treated as zero in the following months till they file P-II return.

The sugar companies producing sugar by vacuum pan process having more than one sugar producing unit may maintain the stock of white/refined sugar at the end of November,2018 including quantity of buffer stock created by Govt.of India either unit wise or for the group as a whole.

Besides during the month of November,2018 the sugar mills which have distilleries with ethanol production capacity which divert B-heavy molasses to produce ethanol and thereby sacrifice sugar shall be eligible to sell additional quantity of white/refined sugar prescribed for sale/dispatch.

The additional quantity of sugar in lieu of production of ethanol from B-Heavy Molasses produced during the month of October 2018 shall be calculated as per the provisions contained in this regard in the Sugarcane Order, 1966. The quantity of such diversion of sugar should be indicated in the P-II return for the monthly of November, 2018.

The sugar mills are also ordered to export entire quantity of MIEQ allocated to them for export during Sugar Season 2018-19, for the same, mills are required to set their quarterly export targets and intimate the same to DFPD. In case any sugar mill fails to achieve its quarterly sugar export target, the equivalent quantity of un-exported sugar during the said quarter shall be deducted in three equal installments from the quantity of sugar to be allotted to them of monthly stock holding limit order for each month in the subsequent quarter.

In the previous month the Govt. allocated quota to 524 mills in the country to sell 22 lakh MT plus sugar mills having distilleries with ethanol production capacity which divert B-heavy molasses to produce ethanol and thereby sacrifice sugar, were eligible to sell additional quantity of sugar in addition to the quantity of white/refined sugar prescribed for domestic sale/dispatch.

Click here – Link to Monthly Release Order of November 2018

SOURCEChiniMandi

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