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Synopsis According to Praful Vithalani, chairman, All India Sugar Traders Association (AISTA), there will not be any major impact on the ongoing sugar exports as agreements for 57 lakh tonnes of sugar exports have been executed till May 19 nor there will not be any impact on domestic prices as these are controlled by the monthly release mechanism. Agencies According to trade estimates, the government will be able to save an outgo of Rs 60 crore of the sugar export subsidy. The central government today slashed the amount of subsidy given for sugar export by one third from Rs 6000/tonne to Rs 4000/tonne. As the industry has completed export of 95% of the sugar export quota of 60 lakh tonnes, the decision will not have any major adverse impact on the country s sugar exports. The industry is confident about continuing exports under the open general license (OGL) category thanks to better realisation from exports.

Praful vithalaniIndia sugar traders associationAll india sugar traders associationSugar exportSugar subsidyEnog lCane price duesSugar millsIndias sugar exportsபிரபுள் விட்டலானிஇந்தியா சர்க்கரை வர்த்தகர்கள் சங்கம்அனைத்தும் இந்தியா சர்க்கரை வர்த்தகர்கள் சங்கம்சர்க்கரை ஏற்றுமதிசர்க்கரை மானியம்சர்க்கரை ஆலைகள்இந்தியச் சர்க்கரை ஏற்றுமதிகள்