Indian sugar millers nationwide have been striving hard to sell the allocated quota of sugar for March 2020 and April 2020 with lack of demand in the market and the ongoing nationwide lockdown due to the coronavirus pandemic. Sugar millers seek an extension for the quota allocated to them for April 2020 to ensure they can accomplish selling the sugar stocks similar to the way they could for March 2020 stocks.
According to a notification issued by the Department of Food and Public Distribution on 29th April 2020, the time period for sale of allocated quota of April 2020 has been extended to 31st May 2020 to ensure the domestic sale of sugar isn’t razed more.
