Govt plans to review 6-decade-old sugar production, pricing norms

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Govt plans to review 6-decade-old sugar production, pricing norms - Business Standard

Quick Summary:

The ministry proposes to review the Sugar (Control) Order of 1966 due to the technological advancements in the production process."...there are multiple changes in the sugar sector which necessitates the revamping of existing the Sugar (Control) Order, 1966," said the ministry while issuing the draft.

The draft order details power the government to regulate production of sugar as well as restrict its sale, storage and disposal by producers and dealers.

In this regard, the Ministry of Consumer Affairs, Food and Public Distribution has issued the draft 'The Sugar (Control) Order, 2024'.