AMN
The Union Government has decided to put a cap on sugar exports to ensure domestic availability. Briefing media in New Delhi today, Food Secretary Sudhanshu Pandey said, India’s exports have reached a record high in this season and now domestic availability has to be ensured during October – November as consumption increases in the festive season. He said, the decision has been taken in view of the global situation which may trigger the demand for sugar. Mr. Pandey added, that it should not be seen as a curb.
Earlier, the Centre decided to allow export of sugar upto 100 Lakh Metric Tonnes. As per the order issued by Directorate General of Foreign Trade, with effect from 1st of June till 31st of October this year the export of the sugar will be allowed with specific permission.