- PM Modi visit USAOnly the mirror in my washroom and phone gallery see the crazy me : Sara KhanKarnataka rain fury: Photos of flooded streets, uprooted treesCannes 2022: Deepika Padukone stuns at the French Riviera in Sabyasachi outfitRanbir Kapoor And Alia Bhatt's Wedding Pics - Sealed With A KissOscars 2022: Every Academy Award WinnerShane Warne (1969-2022): Australian cricket legend's life in picturesPhotos: What Russia's invasion of Ukraine looks like on the groundLata Mangeshkar (1929-2022): A pictorial tribute to the 'Nightingale of India'PM Modi unveils 216-feet tall Statue of Equality in Hyderabad (PHOTOS)
The 18-year-old, Chirag Chikkara clinched a gold medal in the men’s freestyle 57kg categ
- FIFA president Infantino confirms at least 9 African teams for the 2026 World Cup
- Hockey, cricket, wrestling, badminton, squash axed from 2026 CWG in Glasgow
- FIFA : Over 100 female footballers urge FIFA to reconsider partnership with Saudi oil giant
- Ecuador ready to make history against Uruguay: Beccacece
- Divanshi wins second gold as India sweep women's 25m standard pistol at Lima Junior Worlds
Cabinet extends order on regulating sugar supply Last Updated : 19 Apr 2017 04:56:55 PM IST file photo
The Union Cabinet on Wednesday approved an extension in the validity of a government order to enable state governments to regulate the production, sale, supply, stock and movement of sugar.
In a meeting on October 27, 2016, the Cabinet had approved the order to allow state governments to regulate supply of sugar in the market for six months.
The Cabinet's decision on Wednesday will extend the validity of this order -- which otherwise would have expired this month -- for another six months.
"The main objective of Wednesday's decision is to enable the state governments to issue control orders with the prior concurrence of the central government, for fixing stock limits/licensing requirements in respect of sugar, whenever the need is felt by them," an official statement said.
"It is expected to help improve availability of the commodity to the general public at reasonable rates, and control/curb hoarding and profiteering," it said.
The price of sugar is being monitored by the Department of Food and Public Distribution regularly at the factory gate as well as in the domestic market, the statement said.
It said the step was taken in September 2016 after retail prices of sugar showed a sudden spurt.
"The price rise appeared to be more on sentiment than actual shortage. In order to regulate supply of sugar and address issue of speculative pricing, fixing of appropriate stock limits on need basis was essential," the statement said.
The government also allowed the import of restricted quantity of five lakh tonnes of raw sugar at zero duty to keep prices in control.
IANS For Latest Updates Please-
Join us on
Follow us on
172.31.16.186