AMN / NEW DELHI
The government has withdrawn stock holding and turnover limits on sugar dealers with immediate effect as demand-supply situation is likely to be comfortable with the estimated rise in production. The Ministry of Food and Public Distribution, in a statement said, prices are also expected to remain stable at reasonable level.
Sugar production of India is estimated to increase at 249 lakh tonnes in the 2017-18 marketing year from 203 lakh tonnes in the previous year.
The stock holding and turnover limit was imposed till December this year.