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Announcement of sugar export quota soon

New Delhi. The government will soon announce the sugar export quota for the marketing year 2022-23. Food Secretary Sudhanshu Pandey, however, did not specify the quantity of sugar for export in the marketing year 2022-23.

Speaking on the sidelines of the 82nd General Meeting of Roller Flour Millers Federation of India (RFMFI), Pandey said the government would soon announce the sugar export policy for the next session. Indian Sugar Mills Association (ISMA) President Aditya Jhunjhunwala wrote a letter to Food and Consumer Affairs Minister Piyush Goyal in this regard.

The government had allowed export of 100 lakh tonnes of sugar in May. Later it was increased to 12 lakh tonnes. This took the total export quota for the marketing year 2021-22 to 112 lakh tonnes.

India’s sugar exports were 70 lakh tonnes in the marketing year 2020-21, 59 lakh tonnes in 2019-20 and 38 lakh tonnes in 2018-19. Earlier this month, sugar industry body ISMA had demanded that the government allow export of 8 million tonnes of sugar in the marketing year 2022-23 in view of surplus production. (Language)

Shivam Bangwal

Shivam Bangwal is an Indian based entrepreneur who is a tech, travel and coding enthusiast with a post graduation degree on Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Hitchhike TV, Branding Panther and many more.
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