Maximum stock limits for sugar traders fixed

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Centre has directed traders not to hold sugar stock of more than 10,000 quintals in Kolkata and 5,000 quintals in other parts of the country. The Cabinet had on April 28 approved a Food Ministry’s proposal to empower State Governments to impose stock holding limits on sugar traders. It has now fixed the maximum stock limit through a notification. The closing stocks is expected to be 7 million tonnes despite fall in production as the country had bumper output in the last 5-6 years. 

Daily Pioneer
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