Eye on 2024, Centre moves to curb prices of onion & sugar
Thursday, 7 December 2023
The government has introduced new measures to control food prices and increase availability in the domestic market. These measures include a ban on onion exports, restrictions on sugar mills and distilleries, increased wheat sales by the Food Corporation of India, and a reduction in sugar production. These steps are aimed at addressing inflation and ensuring sufficient supply of essential commodities. However, the restrictions on ethanol production may impact the government's blending programme.
The government has introduced new measures to control food prices and increase availability in the domestic market. These measures include a ban on onion exports, restrictions on sugar mills and distilleries, increased wheat sales by the Food Corporation of India, and a reduction in sugar production. These steps are aimed at addressing inflation and ensuring sufficient supply of essential commodities. However, the restrictions on ethanol production may impact the government's blending programme.
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