Government Caps Sugar Exports At 10 Million Tonnes Times Of India

By sditcompany On Sep 20, 2024 Last updated

Government Caps Sugar Exports At 10 Million Tonnes Times Of India A worker checks the flow of sugar inside a factory. (photo: reuters) new delhi: the government on tuesday announced a curb on export of sugar beyond 100 lakh tonnes (mts) during this sugar season. Amid historically highest exports, the centre on wednesday said it has notified capping of sugar exports at 10 million tonnes in the current marketing year ending september to maintain the domestic availability and price stability. the notification was issued by the directorate of general of foreign trade (dgft) late at night on may 24.

Sugar Exports Exceed 10 Million Tonnes For The First Time The indian government is planning to restrict sugar exports for the first time in six years to prevent a surge in domestic prices, as per ministry officials. news agency reuters has reported that it could potentially cap this season's exports at 10 million tonnes. Traders say exports of 10 mln t to help industry, government. new delhi mumbai, may 24 (reuters) india plans to restrict sugar exports for the first time in six years to prevent a surge in. "about 100 lakh tonnes (10 million tonnes) of sugar has been exported till august 1, 2022, in the current sugar season 2021 22 and exports likely to touch 112 lakh tonnes (11.2 million tonnes. India has imposed restrictions on sugar exports for the first time in six years by capping this season's exports at 10 million tonnes, a government order said, to prevent a surge in domestic.

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Govt caps sugar exports; what does this mean for the industry

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