India Business News: NEW DELHI: The government on Wednesday again extended restrictions on sugar exports beyond October 31 this year, a move aimed at increasing the availa.
The Indian government has extended its restriction on export of raw sugar, white sugar, refined sugar and organic sugar under some codes beyond October, according to an order dated Wednesday.
On Wednesday, the government announced its approval for the export of 10,34,800 tonnes of non-basmati white rice to seven countries, which include Nepal, Cameroon, and Malaysia. The export will be facilitated through the National Cooperative Exports Limited (NCEL), as stated by the Directorate General of Foreign Trade (DGFT) in a notification.
"Restriction on export of sugar (raw sugar, white sugar, refined sugar, and organic sugar) is extended beyond October 31, 2023. Other conditions will remain unchanged,” the directorate general of foreign trade (DGFT) said in a notification.
Sugar mills can currently apply for an export quota under the restricted category, but moving to the prohibited category would mean a complete export ban.