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Govt To Decide on 2011-12 Sugar Exports in December: Food Secretary.


Date: 07-09-2011
Subject: Govt To Decide on 2011-12 Sugar Exports in December: Food Secretary
New Delhi: India is likely to decide on 2011-12 sugar exports in December, food secretary B.C. Gupta said on Tuesday.

“The decision on fresh sugar exports is likely in December, after the initial crushing gets over for the new season,” he said.

India’s sugar season runs from October to September.

Earlier, Gupta had said India was not averse to freeing the sugar sector from government control provided the interests of farmers and millers were protected.

Gupta made the comments at an international conference where traders and analysts are expected to renew their call for opening up India’s sugar sector to allow the country to become a regular exporter of sugar, competing with top producer Brazil.

Source : livemint.com

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