India, Sept. 18 -- The Indian government has decided to relax the existing 15-day sugar stockholding limit for bulk consumers to 30 days, subject to the condition that any stock held beyond the existing 15-day limit is sourced exclusively from sugar imported under the Advance Authorisation Scheme (AAS) and Tariff Rate Quota (TRQ).

The stockholding limit for sugar purchased from the open market will remain unchanged at 15 days of consumption.

The government has also introduced a mechanism requiring bulk consumers to declare and disclose their sugar stocks every Friday through the Department of Food and Public Distribution's online portal.

The government held detailed consultations with major bulk consumers of sugar, and their suggestion...