Web Desk
On the recommendation of the Sugar Advisory Board, the Ministry of Food and Agriculture has set the retail price of sugar at 98 rupees 82 paise per kg across the country.
The Ministry of Food and Agriculture has issued a notification to set the price of sugar at 98 rupees 82 paise per kg.
On the recommendation of the Sugar Advisory Board, the retail price of sugar across the country has been fixed at Rs 98 82 paise per kg.
According to the notification, the price of sugar will include Rs 14 58 paise sales tax, Rs 5 30 paise profit and expenses of sugar mills, 25 paise distributor’s margin, transport cost of Rs 2 per kg, and retailer’s profit of Rs 1 per kg.
Also Read: Actions Against Hoarders, 6300 Sacks of Wheat Recovered
In the notification, it has been said that due to the non-fixation of sugar prices, sugar has become more expensive in the market by 30%.
Sources of the Ministry of Food and Agriculture say that the district administration will be obliged to sell sugar at official rates.
On the other hand, citizens say that sugar is being sold at Rs 125 per kg even in big stores, while the price of sugar in the open market is Rs 130 per kg.
