The Centre has issued show-cause to four mills in western Uttar Pradesh (UP) that have been found to have sold sugar in excess of the free sale quotas (FSQ) allocated to them.
"We have sent show-cause to four mills and they have been given three weeks' time to reply to the notices," a top Food Ministry official told Business Line.
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Under the Sugar Control Order, the Centre decides how much sugar a mill can sell in the open market during any particular month. Mills are not allowed to dispose of or even remove sugar from their bonded godowns without an FSQ release order from the Directorate.
"The mills to whom the notices have been sent sold excess sugar during the festival period last month. They wanted to make the maximum out of the peak festival demand in the Delhi market and dispose of stocks before the start of the new crushing season," the official said. In UP, mills begin crushing operations from early November.
Meanwhile FE reports, "Bajaj Hindusthan Ltd, the country’s biggest sugar maker, and rival mills plan to more than double sales of ethanol to meet government alternative fuel targets, helping boost earnings as prices of the sweetener slump."
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