Sugar Stock Limit Doubled Ahead of Festivals, But With a Catch
What Happened
The government has doubled the sugar stockholding limit for bulk consumers, such as food processors, beverage makers and sweet manufacturers, from 15 days to 30 days ahead of the festive season. However, any stock above the existing 15-day limit must be sourced only from imported sugar brought in under the Advance Authorisation Scheme (AAS) or Tariff Rate Quota (TRQ). Bulk consumers will also have to disclose their sugar stocks every Friday through the government’s online portal.
Key Takeaways
The move aims to ensure adequate sugar availability during the festive season without putting extra pressure on domestic supplies. It gives large users greater flexibility while helping the government keep sugar prices stable and prevent hoarding.