T
he massive crackdown on sugar hoarders by food and civil supplies officials in Madhya Pradesh has brought some respite to state consumers from high retail prices of sugar.
Madhya Pradesh is now the first state where the traders are selling sugar at the cheapest rate in the country.
Wholesalers in the state are now selling sugar at Rs 28 a kilo, which is Rs 3 below the market rate.
"It's the festive season and it will bring some happiness to poor people," said Motiram Wadhwani, president of Madhya Pradesh Vyapari Sangh.
During the past one month, the MP government has raided hoarders and seized sugar worth nearly Rs 16 crore. The crackdown has led to marginal reduction in sugar prices as compared to the last month.
"Our strictness is paying results," said Madhya Pradesh minister of state for food and civil supplies Paras Jain.
Raids are still going on across the state and storing beyond 20 quintals of sugar will need a licence. So, traders are desperate to dispose off surplus stock even for less than the retail price.
They now plan to sell 2000 kg of sugar every day for the next month through special outlets. This has brought relief and smile on the face of the aam aadmi.
The relief may be temporary and the gesture, only sugar coating the bitter truth. But in view of the upcoming festival season, sugar at Rs 28 a kg couldn't have been sweeter.
he massive crackdown on sugar hoarders by food and civil supplies officials in Madhya Pradesh has brought some respite to state consumers from high retail prices of sugar.
Madhya Pradesh is now the first state where the traders are selling sugar at the cheapest rate in the country.
Wholesalers in the state are now selling sugar at Rs 28 a kilo, which is Rs 3 below the market rate.
"It's the festive season and it will bring some happiness to poor people," said Motiram Wadhwani, president of Madhya Pradesh Vyapari Sangh.
During the past one month, the MP government has raided hoarders and seized sugar worth nearly Rs 16 crore. The crackdown has led to marginal reduction in sugar prices as compared to the last month.
"Our strictness is paying results," said Madhya Pradesh minister of state for food and civil supplies Paras Jain.
Raids are still going on across the state and storing beyond 20 quintals of sugar will need a licence. So, traders are desperate to dispose off surplus stock even for less than the retail price.
They now plan to sell 2000 kg of sugar every day for the next month through special outlets. This has brought relief and smile on the face of the aam aadmi.
The relief may be temporary and the gesture, only sugar coating the bitter truth. But in view of the upcoming festival season, sugar at Rs 28 a kg couldn't have been sweeter.
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