Home
|
Sitemap
|
FAQs
|
Contact Us
Product
Country
Menu
About Agri Exchange
Introduction
Apeda Agri Exchange
The Vision
Benefits / Facilities
To Exporters
To Buyers
Product Profile
Floriculture
Floriculture
Fruits & Vegetables Seeds
Fresh fruits & Vegetables
Fresh Onion
Other Fresh Vegetables
Walnuts
Fresh Mangoes
Fresh Grapes
Other Fresh Fruits
Others (Betel Leaves & Nuts)
Processed Fruits & Vegetables
Cucumber and Gherkins (Prepd. & Presvd.)
Processed Vegetables
Mango Pulp
Processed Fruits,Juices & Nuts
Pulses
Animal Products
Buffalo Meat
Sheep/ Goat Meat
Other Meat
Processed Meat
Animal Casing
Poultry Products
Dairy Products
Natural Honey
Caseins
Albumin (Eggs & Milk)
Other Processed Foods
Groundnuts
Guar Gum
Jaggery & confectionery
Cocoa Products
Cereal Preparation
Milled Products
Alcoholic Beverages
Miscellaneous Preperations
Cereals
Basmati Rice
Non Basmati Rice
Wheat
Maize
Other Cereals
Country Profile
United Arab Emirates
Saudi Arabia
Malaysia
Bangladesh
United States
Vietnam
Kuwait
Iran
United Kingdom
Indonesia
...View more country profiles
FTA's
Analytical Report on FTAs
Tariff Concession under FTAs
Statistics
International Trade
India's Export
India's Import
Production
International Production
India Production
Market Intelligence
e-Bulletin
Global Analytical Report
India's Export Analytical Report
Comparative Report On APEDA Products
Comparative Report On Principal Commodities
Import Tariffs
Import Regulations
SPS Notifications
DGFT : Public Notice, Notifications, Circular and Trade Notice
India Food Safety & Standards
Market Reports
Foreign Trade Policy 2023
Chapter 01 - Legal Framework and Trade Facilitation
Chapter 02 - General Provisions Regarding Imports and Exports
Chapter 03 - Developing Districts as Export Hubs
Chapter 04 - Duty Exemption Remission Schemes
Chapter 05 - Export Promotion Capital Goods (EPCG) Scheme
Chapter 06 - Export Oriented Units (EOUs), Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs)
Chapter 07 - Deemed Exports
Chapter 08 - Quality Complaints and Trade Disputes
Chapter 09 - Promoting Cross Border Trade in Digital Economy
Chapter 10 - Scomet: Special Chemicals, Organisms, Materials, Equipment and Technologies
Chapter 11 - Definitions
Newsletters
Latest News
Latest Newsletter
Archives
Directory
Exporters
Service Providers
Logistics
Trade Leads
Submit New lead
Buy Leads
Sell Leads
Indian Mission Login
Market News
Availability of sugar in domestic market and stable price of sugar is Centre’s top priority.
May 26, 2022
Centre’s first priority is to ensure sufficient availability of sugar for consumption at reasonable rate, thereafter maximum sugar to be diverted to ethanol said Shri Sudhanshu Pandey, Secretary Department of Food and Public Distribution while interacting with media persons here today.
Talking about prioritizing domestic consumption, he said that during the festival period of October & November, the demand of sugar increases and therefore, the Centre is committed to ensure availability of sugar for the lean period.
Government of India is committed to stablise prices of sugar in the domestic market and in last 12 months, prices of sugar are under control. Wholesale prices of sugar in India are range bound between Rs. 3150 - Rs. 3500 per quintal while retail prices are also within control in the range of Rs. 36-44 in different parts of the country.
Global situation reflects a shortage of sugar, especially due to lower production in Brazil. This may trigger the demand globally and so as to safeguard domestic availability and interests, DGFT issued an order to maintain domestic availability & price stability of sugar in the country during sugar season 2021-22 (October-September), Central govt to regulate sugar exports w.e.f June 1, 2022, till further orders. Govt will allow sugar exports up to 100 LMT.
This Year India has produced 355 LMT of Sugar after discounting diversion of about 35 LMT of sugar to production of ethanol, highest in the world. India is the second largest exporter of Sugar. Total export should be about 100 LMT in current sugar season 2021-22. Current exports of 90 LMT has been contracted of which 82 has already been lifted, remaining 10 LMT can be exported. Average monthly consumption in India is around 23 LMT, sufficient domestic stock available, around 62 LMT. Average retail price of sugar in India is around Rs. 37-44/kg.
Sugar exports to be all time high, despite a cap on exports. Export has gone from 0.47 LMT to 100 LMT in last five years which is more than 200 times. From 1st of June all mills will apply to DFPD for exports. For monitoring of exports, sugar mills will submit online information about dispatches for export. The data will provide basis for determining quantity for issuance of Export Release Orders. No approvals required for exports upto 31 May 2022. DoFPD will release Export Release Orders (EROs) on receiving applications from sugar mills and exporters. Procedure for application of ERO by Sugar Mills and Exporters have been issued on 24.05.2022 by Directorate of Sugar, DoFPD. Sugar mills will apply for ERO for dispatch of sugar from mills for export. Exporters will apply for export of sugar out of country. Both need to apply online through National Single Window System (NSWS).
Production of sugar in the country is expected to be 17% higher than previous sugar season. Further, the country has been the top consumer of sugar in the World with about 278 LMT of sugar consumption in the current Sugar Season. Consumption of sugar in India is consistently increasing at nominal growth of 2-4% per annum. Per capita sugar consumption in India is about 20 Kg which is less than global average.
In order to judiciously utilize the surplus sugar available in the country since 2017-18, Government of India has taken multiple and timely measures which have resulted in reasonable stock of sugar in the country and not exorbitant stocks of sugar which could have resulted in blockage of funds of sugar mills and non-payment of cane arrears to farmers. Various schemes of Government to provide financial assistance in form of subsidy to maintain buffer stocks as well as for transportation of sugar for export purposes in last 4 years have ensured timely payment to farmers and financial strength to sugar mills. As an outcome of these measures, more than 99.6% of cane arrears of last sugar season have already been paid and more than 84% of cane dues of current sugar season have also been cleared. Number of operational sugar mills has also increased to 522 sugar mills in current season.
pib.gov.in
Archive