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Sugar export curbs review in October after crop estimates
Mint Mumbai
|August 30, 2023
The government in October will review its sugar export policy, which is currently under the restricted category, in October, after state cane commissioners come up with their crop estimate for the 2023-24 season.
Current restrictions, under which each sugar mill gets an export quota, are in place until October end.
“All options are open to the government as far as sugar export is concerned, but it is too early to take a call on exports. There has been no proposal on sugar export policy submitted by the department concerned yet," a top government official said.
“Let the current season end and cane commissioners come up with crop estimates for the next season. Accordingly, a decision on exports will be taken in the second half of October after assessing 2023-24 cane crop."
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