Time not ripe to lift emergency measures, says the government.
Sugar industry has urged that the Centre relax the stock holding limit of 10 days imposed on bulk sugar users on priority.
The Centre is strongly disinclined to subsidise wheat purchases by the private sector while opening up sale of wheat from the Food Corporation of India (FCI) in the current marketing season.
The Centre could extend ban on pulses exports by another year besides allowing duty-free imports till March 31, 2011.
Internationally, white sugar price plunged by $30 within a week.
The UP government has revoked the ban imposed on raw sugar imports into the state end last year, thus making available an additional one million tonnes of sugar for the open market.
India has upped its wheat forecast to 82 mn tonnes, putting pressure on local and international prices.
Centre has set up an inter ministerial group under the head of fertiliser secretary Krishnan to go into the subsidy levels for nutrients each year.
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