The Government has said that there is no shortage of sugar in the country and all necessary measures will be taken for adequate availability of sugar at reasonable prices. The Consumer Affairs Ministry said that ex-mill sugar prices have declined by around 20 per cent in recent days, while retail sugar prices have also started coming down.
The Ministry said it has taken a series of proactive measures to ensure adequate availability of sugar and prevent artificial tightening of supplies in the domestic market. The Government has been closely monitoring sugar prices, stocks and movement across the country. It has decided to introduce a fortnightly sugar allocation system from next month, replacing the existing monthly quota system to ensure that sugar reaches the market in a timely manner.
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