asked the Minister for Industry and Commerce if he will state what would be the total cost to the Exchequer if sugar sold without subsidy had carried the same subsidy as sugar sold to private consumers under ration.
Ceisteanna—Questions. Oral Answers. - Sugar Subsidy.
The total cost to the Exchequer if the subsidy had been applied to sugar sold without subsidy would have been £1,374,630 in the period from 1st November, 1947, when the subsidy was introduced, until the 31st December, 1948, which is the latest date up to which figures can readily be provided.
asked the Minister for Industry and Commerce if he will state (i) whether there has been a saving on the Estimate for sugar subsidy this year; (ii) the total amount acquired by the Exchequer from sale of sugar not covered by subsidy and sold at a price exceeding the economic price to manufacturers, farmers and others during the past 12 months.
The answer to the first part of the Deputy's question is yes.
From the proceeds of the sale of sugar for manufacturing purposes, including allowances for home jam-making and harvest workers, in the period of 12 months ended 31st December, 1948, £387,176 was received in relief of the subsidy payable on sugar for domestic consumption.