The government on Tuesday fixed a quota of 17.72 lakh tonnes of sugar for the month of July, out of which millers have been allowed to sell 15.60 lakh tonnes in the open market and the rest to be sold through public distribution system (PDS).
In India, the government fixes the quota of sugar that each mill can sell every month. Last month, the government had allocated a quota of 18.57 lakh tonnes of sugar, of which 2.07 lakh tonnes was sold through the ration shops and rest in the open market.
The Indian Sugar Millers Association (ISMA) said the country’s sugar production had touched around 24 million tonnes (mt) this season.
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