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Government has released an additional quota of 4 lakh MTs of sugar in market for freesale in the current quarter January to March 2005. Of this, 2 lakh MTs of sugar would be released in the current month and one lakh MT each in February and March, 2005. With the release of additional 4 lakh tonnes of sugar the total freesale sugar quota for the current quarter stands at 38 lakh MTs. With a levy quota release of 6.5 lakh MT for the same quarter the total availability of sugar for indigenous consumption in the country for the current quarter would be 44.5 lakh MT as against 39.94 lakh MT during the same quarter last year.
With enough stocks in hand, the Government would not hesitate in releasing further quantities in case requirement so dictates.
SBK:CP:sugarquota7.1.2005
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