the demand-supply situation is not comfortable, with more of demand and less of
supply the government resorts to taking some measures that aim at curbing the
price rise which will negatively impact on the common man. Putting a cap on the
stock-holding and importing the commodity in shortage to make it available for
the consumption of the public are the common steps government takes in the
interest of the public.
when the situation turns normal, the measures taken are generally withdrawn.
the government has withdrawn stock holding and turnover limits on sugar dealers
with immediate effect as it expects the situation to become normal since the
production is estimated to register a comfortable rise.
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.