| 1. The 2013 decision of Government of India to partially decontrol the sugar industry gives the millers the freedom to sell sugar in open market and removes their obligation to supply sugar at subsidised rates to ration shops. |
| 2. C. Rangarajan panel also suggested decontrolling of sugar industry in India. |
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: C
Solution :
The decision to partially decontrol the sugar sector was taken by the Cabinet Committee on Economic Affairs (CCEA). This gives millers the freedom to sell in the open market and remove their obligation to supply the sweetener at subsidised rates to ration shops. The Rangarajan Committee has recommended total decontrol of the sugar industry by doing away with the levy sugar obligation, release mechanism and freeing of export-import.
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