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Govt extends deadline for sugar export till Dec 31.
Dec 02, 2022

The central government has extended the deadline to export sugar till December 31. The earlier deadline was November 30.
The Centre issues export release orders for mills, and Maharashtra tops the chart of sugar export to foreign countries. However, this year, due to logistical and transportation issues, the mills and exporters could not ship more than 2 lakh tonne of sugar, for which the export release orders were issued.
 
Vijay Autade, a sugar industry exporter from Kolhapur, said, 'Last year, 120 lakh tonne of sugar was produced, of which nearly half was exported. This time, the mills have stock and the export agreements have been done with the exporters. Around 2 lakh tonnes of sugar needs to be exported immediately as the production of new sugar has started and for the current season, the export quotas too have been allocated. The centre should not just extend the deadline, but also facilitate the mills in getting the sugar stocks to the docks.'
 
Meanwhile, the centre has allowed the mills from across the country to bring 22 lakh tonne of sugar in the open market for sale in December. As compared to last year, the limit to bring sugar into the open market has been exceeded by around 50,000 tonne. The demand for sugar increases as Christmas nears and the celebrations for New Year start. Also, consumption increases during winter.
 
'This year, the quotas for the mills have been fixed. Last year, the limit was imposed during the end of the crushing season, which led to the highest-ever export of sugar from India. We estimate that the quota will be increased,' said Autade.
    
timesofindia.indiatimes.com

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