The Ministry of Consumer Affairs, Food & Public Distribution (MoCAF&PD) on October 13, 2023, issued a notification regarding the Stock disclosure by Traders/Wholesalers, Retailers, Big Chain Retailers, and Processors of Sugar.
The following instructions have been stated:
• Immediate Registration:
It states that all the legal entities involved in the sugar industry, including Traders/Wholesalers, Retailers, Big Chain Retailers, and Processors of Sugar, shall immediately register themselves on the Sugar Stock Management System.
• Regular Stock Updates:
The registered entities are required to update their stock positions on the portal (http://llesugar.nic.in/ssmp/sp.html) every Monday. This weekly update is essential for maintaining an accurate record of sugar stock levels.
• Compliance:
It states that all the legal entities shall comply with the direction on an immediate basis, failure to register and update stock positions as directed may result in penalties and sanctions if any stock is found during inspection.
The above compliance must be ensured by October 17, 2023.
[Notification No 5-4/(2020)-SC]