ECC okays import of sugar, fortnightly revision of POL prices

ECC has approved a proposal by Ministry of Energy for revision of prices of petroleum products on fortnightly basis instead of the existing monthly basis. It also gave go-ahead to a proposal by the Ministry of Industries for import of up to 300,000 tons of refined white sugar to maintain buffer stocks and prevent any shortage of sugar in the coming months before the start of next crushing season.

29/7/2020