The government has released a quota of 2.045 million tonnes of sugar for the month of September, up over 45 per cent from the 1.408 million tonnes released for the same month last year, said an official release. The government has also decided to introduce a system of fortnightly sale in respect of non-levy monthly sugar quota effective from September 2009. As such, sugar mills will be required to sell and dispatch their monthly non-levy quota on fortnightly basis in two equal installments. They would also be required to report actual sale and dispatch each fortnight to the Directorate of Sugar within seven days.
The government has also decided to reduce the validity period of the release orders for white/refined sugar processed out of imported raw sugar released under accelerated release mechanism from three months to one month. Accordingly, the validity period of the August 2009 release order in respect of white/refined sugar processed out of imported raw sugar will stand reduced from the existing 31.10.2009 to 30.9.2009.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories
Over 30 subscriber-only stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app