Maharashtra extends sugar stock-limit cap until October.

Maharashtra has extended stock limit on sugar until October. The state government had imposed the stock limit on sugar in May 2016. The government continues to impose the stock limit on sugar due to concerns over supply shortage ahead of the festivals. Wholesalers and retailers in the state will not be allowed to hold more than 500 tonne and 50 tonne of sugar, respectively, for a period of one month after they receive the stocks. The government has also asked sugar mills to advance the crushing of the sugarcane to early- or mid-October to maintain adequate supply of sugar in the market.