Sugar Stock holding
Indian Govt has notified the sugar stock holding as per the following notification
THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION
(Department of Food and Public Distribution)
New Delhi, the 29th April, 2016
G.S.R. 471(E).—In exercise of the powers conferred by section 3 of the Essential Commodities Act, 1955 (10 of 1955) read with the clause 5 of the Sugar (Control) Order, 1966, the Central Government hereby directs that no dealer of sugar shall hold any stock for a period exceeding thirty days from the date of receipt by him of such stock and shall not keep sugar in stock at any time, in the places mentioned below, in excess of the quantities mentioned against each—
(i) in Kolkata and extended area
— Dealers who bring sugar from outside West Bengal – 10000 quintals;
(ii) in other places
– 5000 quintals:
Provided that nothing in this order shall apply to the holding or keeping of stock of sugar—
(i) on Government account; or
(ii) by the dealers nominated by State Government or an officer authorized by it to hold stock for distribution through fair price shops under Public Distribution System ; or
(iii) by the Food Corporation of India.
Further, in exercise of powers conferred by clause 15 of the said Order, the Central Government authorises the State Governments or Union territory Administrations to fix the stock holding and turn over limits in their respective States or Union territories subject to the condition that the stock holding limit and / or the turn over period shall not be higher than the limit or period as being specified above by the Central Government.
Explanation.—For the purpose of this Notification—
(i) “Kolkata and extended area” means the area specified in the schedule to the notification of the Government of West Bengal No. 7752/FS/F.5/14R92/61, dated the 16th December, 1964.
(ii) For counting the period of holding of the stock, the date on which any stock is received by the dealer shall be included.
(iii) Dealer includes all persons involved in the sugar trade channel after sugar is delivered from the factory premises and till it is received with the consumers.
2. This Order shall come into force with immediate effect from the date of its publication in the Official Gazette and the said order shall remain into force for a period of 180 days thereafter :
Provided that this Order shall come into force with effect from the 22nd day of May, 2016 in respect of the States of Assam, West Bengal, Tamil Nadu, Kerala and the Union territory of Puducherry.
[F. No. 1/2016-SP-I] G. S. SAHU,
Director (Sugar Policy)