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Centre cuts sugar export subsidies by 31.4% for current season


Centre cuts sugar export subsidies by 31.4% for current season
Late last year, India, the world s biggest sugar producer behind Brazil, approved subsidies of 5,833 Indian rupees per tonne to encourage cash-strapped mills to export 6 million tonnes of sugar in the current 2020/21 season
PTI | May 20, 2021 | Updated 20:35 IST
The government subsidies for sugar exports now stands at 4,000 rupees a tonne
India on Thursday cut sugar export subsidies by 31.4% for the current season which ends on Sept. 30, according to a government order issued by the Ministry Of Consumer Affairs, Food And Public Distribution.
Late last year, India, the world s biggest sugar producer behind Brazil, approved subsidies of 5,833 Indian rupees per tonne to encourage cash-strapped mills to export 6 million tonnes of sugar in the current 2020/21 season. The government subsidies for sugar exports now stands at 4,000 rupees a tonne, said the Ministry Of Consumer Affairs, Food And Public Dis ....

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