New Delhi: According to the news report published in Live Mint, two senior officials stated that despite a comfortable supply in the domestic market, the Centre is not contemplating lifting its ban on sugar exports. The government prioritizes ensuring availability, maintaining a sufficient opening balance, and meeting its E20 target by 2025-26 through ethanol blending.
India had imposed restrictions on sugar exports due to concerns about a poor harvest and high prices.
Recently, ISMA has urged the Government to consider permitting the export of 20 lakh tonnes of sugar in the current season. This will improve the financial liquidity of sugar mills and enable timely payments to farmers. ISMA believes that allowing exports will contribute to the smooth functioning of the sugar industry and foster economic stability.
One of the officials talking to Live Mint said, “Though sugar production now seems comfortable, and we have sufficient stocks, we are not considering sugar exports as of today. Our priority is domestic consumption, sufficient balance for around three months followed by ethanol blending.”
Excellent news. I do not understand why there is a ban on export of sugar?. Sugar cane is a noble crop,gift of god to India, excellent sugar technologies ,machineries,sugar cane production technologies with low cost are of Indian origin, unpredictable climate is also suitable for sugar cane growing, trained and hardworking farmers are available. In my opinion we are lacking behind to know our strengths and mode of working. It is possible within two years planning Indian can export notable quantum of sugar,ethanol,cotton,onion,wheat,rice etc. and can reduce import of many items. Planning is needed considering farmers and creations of jobs like things. War foot efforts, decisions with only technical base, facilities in many aspects,etc. India will shine . Dr Patil A.S.