look news india
Mumbai: According to the news received from Navi Mumbai sugar market, the Central Government has decided to release free sale quota of 22 lakh tonnes of sugar for the month of November.
During this, instructions were given that no extension will be given in the outstanding taxes for the month of October. Earlier, the government had given a quota of 25 lakh 50 thousand tonnes for the month of October.
Diwali in October and other various festivals like Navratri-Dussehra vs. The government had given a larger quota for October and now market sources said that due to the possibility of increase in demand for sugar amid the end of festivals, the government has reduced the sugar quota for November by 3 lakh 50 thousand tonnes. November and the calculation is that in November the heat will subside and cold will start.
Meanwhile, in Navi Mumbai market today, wholesale sugar price traded at Rs 3692 to Rs 3782 per kg and fine sugar traded at Rs 3752 to Rs 3956 per kg.