‘Good opportunity for India to export sugar’
   Date :09-Nov-2020

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THE Government is reconsidering extension of sugar export subsidies as India has got good opportunity to sell the sweetener in the international market during November-April of the 2019-20 season that commenced this month, according to Food Secretary Sudhanshu Pandey.
 
India had to offer export subsidies during the last two years in order to reduce surplus stocks and help cash-starved sugar mills clear cane payment to growers. Sugar mills exported 5.7 million tonnes of sugar against the mandatory quota of 6 million tonnes set for the 2019-20 season (October-September), as per official data.