Current Affairs Exam

More sugar export could be allowed after assessing domestic production: Food Ministry

The government, which has allowed export of 6 million tonne of sugar till May 31 of the ongoing 2022-23 season, on Sunday said it could consider allowing more export after periodic assessment of domestic production.

A Food Ministry notification issued on November 5 said export quota of 6 million tonne has been permitted from November 1 to May 31, 2023, with an option for millers to export on their own or through exporters or swap with domestic sale quota.

Mill-wise sugar export quota has been fixed for the current season (October-September) based on Average production of sugar mills in the last three years and average sugar production in the country in the same period.

At the end of 2022-23 season, it is expected that most sugar mills will be able to sell their production either in domestic or international market through exports and will clear the cane dues of farmers in time.

Sugar production stood at record 35.92 million tonne in 2021-22 season. Maharashtra, Uttar Pradesh and Karnataka are the top three sugar producing States in the country.

Exit mobile version