SME Times News Bureau | 22 Dec, 2011
The government is planning to remove restrictions on the sugar industry
to boost its competitiveness, Minister of Food, Consumer Affairs and
Public Distribution K.V. Thomas said Wednesday.
"We are trying
our best how deregulation can be brought in. The issue is being
discussed at the highest level," Thomas said at the annual general
meeting of the Indian Sugar Mills Association (ISMA) in New Delhi.
Thomas
said he would take up the matter with Finance Minister Pranab Mukherjee
after the winter session of parliament to devise a mechanism for
deregulation of the sugar industry.
"I am in constant touch with
the finance minister. We will have a detailed discussion on it after
the winter session of parliament is over," Thomas said.
The extended winter session of parliament ends Dec 29.
ISMA
president Narendra Murkumbi said the association has urged the
government first to remove the sugar industry's obligation to supply 10
percent of its production as levy sugar at a discounted price to the
public distribution system and abolish the monthly regulated release
mechanism.
Under the monthly regulated release mechanism, each
mill is directed by the government to sell a certain quantity of the
commodity every month.
"None of these controls are being
exercised by the government on any other agri-business sectors in the
country," said Murkumbi.
INDIA SUGAR POLICY Mr. G. Vailati | Mon Jan 9 16:20:37 2012
I am interested in knowing and be informed
about present and future sugar policy of India Government
Thanks.
Mr. G. Vailati
E-mail: irrobino@tin.it
