No proposal to review restrictions on sugar exports: Sanjeev Chopra

The government is not considering lifting the restrictions on sugar exports. It is prioritizing ensuring sugar availability, maintaining a sufficient opening balance, and meeting its E20 target by 2025-26 through ethanol blending.

During media briefing, Union Food Secretary Sanjeev Chopra said, “There is no proposal to review a restrictions on export of sugar.”

India had imposed restrictions on sugar exports due to concerns about a poor harvest and high prices.

Recently, ISMA 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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here