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Maharashtra: CM Eknath Shinde bats for continuation of OGL policy for sugar exports instead of quota system

Further, Mr Shinde argued that the quota regime allows mills that have no interest in exports to indulge in transferring their quotas and earning money without any actual exports. ....

Eknath Shinde , National Federation Of Cooperative Sugar Factories , Sugar Factories Federation , Ministry Of Commerce , Ministry Of Consumer Affairs , Indicative Export Quota , Maximum Admissible Export Quota , Chief Minister Mr Eknath Shinde , Prime Minister Mr Narendra Modi , Consumer Affairs , Public Distribution , National Federation , Cooperative Sugar Factories , Cooperative Sugar Factories Federation , Sugar Exports , Ogl Policy ,

Sugar production crosses 305 lakh tonnes: ISMA - The Hindu BusinessLine

Nearly 13.2% more than the same period last year ....

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Indonesia emerges largest buyer of India sugar in first quarter of 2021, says AISTA

Indonesia emerges largest buyer of India sugar in first quarter of 2021, says AISTA
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Indian government had announced a scheme in January 2021 to incentivise exports and thus reduce the surplus sugar in the domestic market. The scheme was meant to help the sugarcane growing farmers as it assumed that the sugar mills will pay their bills on time when the sugar prices in the domestic market improve on clearing the excess stocks.
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So far, during the first three months since the scheme became applicable, Indonesia has emerged as the top importer of Indian sugar accounting for 38% share of the total sugar dispatched. ....

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25 lakh tonnes of sugar set for exports: ISMA

‘Most shipments meant for Indonesia’
Almost About 25 lakh tonnes of sugar have been contracted for exports so far during the 2020-2021 sugar season, according to the Indian Sugar Mills Association (ISMA).
In a statement, the association, quoting market reports, said about seven lakh tonnes had been physically exported between October 1, 2020 and January 31, 2021. This included exports against the 2019-2020 sugar season’s Maximum Admissible Export Quota (MAEQ), which was extended till the end of December. About four lakh tonnes had been exported under the current year’s export policy.
Based on trade information, it is estimated that almost 25 lakh tonnes had been contracted for exports so far. ....

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Sugar Output Up 31% At 142.70 Lakh Tonnes In 2020-21 Till January 15: ISMA

Sugar production in India, the world’s second-largest sugar-producing country, stood at 108.94 lakh tonnes till January 15 of the 2019-20 marketing year (October-September). ....

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