India’s sugar exports touch 4.25 million tonnes so far this year: AISTA – Times of India

NEW DELHI: Sugar mills in India have exported 4.25 million tonnes of the sweetener so far in the ongoing 2020-21 marketing year ending September, with maximum shipments to Indonesia, trade body AISTA said on Friday. Mills have contracted to export 5.85 million tonnes of sugar so far, as against the 6 million tonnes quota assigned … Read more

Sugar mills rush to sign for exports as prices rally

Indian mills have contracted to export 4.3 million tonnes of sugar so far in the 2020-21 season ending on September 30, a trade body said on Wednesday, as a rally in global prices to a four-year high and an export subsidy makes overseas sales lucrative. Higher exports from the world’s second-biggest sugar producer could cap … Read more

Day of ‘Special Joy’ for Farmers, Says PM Modi on Rs 3,500 Cr Subsidy for Sugar Mills

Representative Image. (Credit: AP) The government approved the subsidy for the export of 60 lakh tonnes of sugar during the ongoing marketing year 2020-21 as part of its efforts to help them clear outstanding dues to sugarcane farmers. PTI New Delhi Last Updated: December 17, 2020, 00:11 IST FOLLOW US ON: It is a day … Read more

Cabinet okays Rs 3,500 crore sugar export subsidy – Times of India

NEW DELHI: The government on Wednesday approved a subsidy of Rs 3,500 crore to sugar mills for the export of 60 lakh tonnes of sweetener during the ongoing marketing year 2020-21 as part of its efforts to help them clear outstanding dues to sugarcane farmers. Briefing media after the meeting, information and broadcasting minister Prakash … Read more

India, world’s largest consumer of sugar, wants its people to eat more

By Pratik Parija In a world where sugar has attracted increasing scrutiny for its impact on health and obesity, there are moves afoot in the biggest consuming country to persuade people to eat more of the sweetener. Mills in India are eyeing increased consumption as a way to cut the nation’s chronic oversupply, which stems … Read more