Now Reading: UP has 7 months’ sugar stock, no shortage: Adityanath
-
01
UP has 7 months’ sugar stock, no shortage: Adityanath
Uttar Pradesh chief minister Yogi Adityanath on Tuesday said the state has 28 lakh tonnes of sugar in stock, enough to meet demand for about seven months. Speaking at an appointment letter…
Uttar Pradesh chief minister Yogi Adityanath on Tuesday said the state has 28 lakh tonnes of sugar in stock, enough to meet demand for about seven months. Speaking at an appointment letter distribution programme in Lucknow, he dismissed talk of a sugar crisis, saying monthly consumption in the state is 4 lakh tonnes.
Adityanath said sugar mills in UP will resume operations from October 15 and are expected to produce about 90 lakh tonnes of sugar. He added that the state can meet not just the needs of its 25 crore people but also contribute to India's 140 crore population.
The remarks follow his earlier directive to officials to prevent hoarding, black marketing and misinformation about sugar supplies.
Indian Opinion Analysis
UP accounts for about 40% of India's sugar output, making it the country's largest producer. A buffer stock of seven months is unusually comfortable in an industry where inventories often tighten before the new crushing season begins in October. The chief minister's public reassurance comes amid rising retail prices for sugar nationally, which have triggered concern in other states. The real signal to watch is whether mills start crushing on the promised October 15 date and whether the 90 lakh tonne production estimate holds through the season, as actual output depends on cane availability and farmer payments under the state advised price framework.
Source: hindustantimes.com
This story was synthesised by AI from the source linked above.
