The government has extended the deadline for compulsory export of sugar quotas allotted to sugar mills this year by three months to December. This information was given on Monday by a senior official of the Ministry of Food. The government has approved the export of 6 million tonnes of sugar under the quota to help dispose of excess sugar for the 2019-20 marketing year ending in September.
“Out of 60 lakh tonnes, 57 lakh tonnes of sugar has been contracted and about 56 lakh tonnes of sugar has been extracted from the mills,” said Subodh Kumar Singh, joint secretary in the food ministry. He said some mills could not send their stock at the time due to transportation difficulties during the Covid-19 epidemic. “Many mills faced logistical problems during the epidemic,” Singh said. So, we have decided to give them a little more time till December to export their quota. ‘
Export to which country
Sugar mills have exported sugar to countries like Iran, Indonesia, Nepal, Sri Lanka and Bangladesh. The official said that there were some quality issues related to sugar exports to Indonesia, which have now been resolved and India’s exports have gained momentum. The government is providing a subsidy of Rs 6,268 crore for sugar exports during the marketing year 2019-20 to remove excess domestic stock and help mills pay off the huge cane debt to farmers.