| Date: |
16-11-2013 |
| Subject: |
Government announced the Provision for Higher Sugar Export |
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The Union Government of India on 15 November 2013 announced the provision of higher sugar export with domestic production becoming surplus. The condition of export of sugar has been relaxed by doubling the limit of the overseas shipment that sellers can register.
The export of sugar has been doubled to 50000 tonnes from 25000 tonnes per application for registration was announced by the Directorate General of Foreign Trade.
The sugar production of India is projected at 25 million tonnes in 2013-14, which is two million tonnes more than the domestic demand.
Source : jagranjosh.com
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