The nation’s sugar manufacturing crossed 30 million tonne until March of the continuing 2023-24 season. File.
| Photo Credit: Okay.V.S. Giri
The authorities on April 15 dominated out risk of permitting sugar exports within the present 2023-24 season ending October, the trade’s persistent demand however.
Currently, there are curbs on export of sugar for an indefinite interval.
However, Indian Sugar Mills Association (ISMA) has requested the federal government to permit export of 10 lakh tonne of sugar within the 2023-24 season, anticipating wholesome closing inventory by the season-end.
“As of now, the government is not considering sugar exports although the industry has demanded,” a senior meals ministry official informed PTI.
The nation’s sugar manufacturing crossed 30 million tonne until March of the continuing 2023-24 season.
ISMA has revised internet sugar manufacturing estimate for 2023-24 season to 32 million tonne. The authorities has estimated sugar output at 31.5-32 million tonne.
Meanwhile, the federal government is contemplating permitting sugar mills to make use of extra inventory of B-heavy molasses for ethanol manufacturing this yr.
