Column : Freeing sales can sweeten reforms
The government in May 2012 had moved from quantitative and time restrictions/bans on sugar exports, to a flexible tariff rate policy to manage sugar availability in the country. The sugar packaging requirements have also been relaxed, from a 100% use of only jute bags till last season, to 40% from the current season. The other two sugar-side controls to be taken up in phase 1 itself—levy sugar obligation on mills and regulated release mechanism—are on the government’s agenda next, for which a decision is expected in February 2013. These controls are not only unfair to the industry, but also to the 50 million farmers and their families. They harm the consumers too in the long run. The Rangarajan committee has, therefore, recommended their immediate abolition.
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