Udayavni Special

To clear surplus stock, India exported 3.7 mn tonne sugar in 2018-19

PTI, Dec 13, 2019, 4:03 PM IST

New Delhi: India exported about 37 lakh tonne of sugar in the 2018-19 marketing year ended September to clear the surplus stock, the government told the Rajya Sabha on Friday.

Union minister Danve Raosaheb Dadarao said sugar mills were advised to export sugar as per their MIEQ (Minimum Indicative Export Quota) allocation.

“With a view to evacuate surplus sugar from the country, mill-wise MIEQ of 50 lakh tonne of sugar for export in the 2018-19 sugar season (October 2018 to September 2019) was fixed,” the Minister of State for Food and Consumer Affairs said in a written reply.

Against the allocated quantity for 2018-19, about 37 lakh tonne has been exported, he added.

The minister said there was no compulsion on the mills to export sugar and they were free to export the commodity as per their commercial decision.

In view of the huge carryover stock of sugar and estimates of surplus output in the current sugar season, the government has allocated mill-wise Maximum Admissible Export Quantity (MAEQ) of 60 lakh tonne of the sweetener to the mills for export in 2019-20, Dadarao said.

Industry body ISMA recently said sugar production fell 54 per cent during October-November to 18.85 lakh tonne due to sharp decline in output in Maharashtra where cane crushing started late.

Last month, ISMA said the sugar output is estimated to fall 21.5 per cent to 26 million tonne in the current 2019-20 marketing year. It reported an opening stock of 14.58 million tonne of sugar as on October 1.

Top News

COVID-19 recovery rate rises to 68.32%, fatality dips to 2.04%: Centre

K’taka COVID-19 update: 7178 new cases; 5006 discharges; 93 deaths on Aug 8

Covid 19: 194 new cases, 183 discharges & 6 fatalities reported in DK

DK: Dist admin releases advisory after Red Alert issued for Aug 8 and 9

PM to review K’taka flood situation on Mon

13 districts reporting high COVID-19 mortality: Health Ministy

Border row: India and China hold Major General-level talks

Related Articles More

RBI sets up panel under KV Kamath to suggest steps to deal with COVID-related stressed assets

Parasuraman new President of BCIC

Harman bets big on gaming segment in India

Vodafone-Idea Q1 losses at Rs 25,460 crore on provisioning for statutory dues

RBI to allow offline payments through cards on pilot basis


What is a Tabletop runway? Is it risky?

pick-up vehicle was hit by a flood and washed away in Bajatur village | Udayavani

What Happens If All The Bees Die? | Udayavani

Horticulture in 75 cents land | Success Story of Padmanabha | Udayavani

Shankar Suvarna | Interview with successful Dairy Farmer | Agriculture

Latest Additions

COVID-19 recovery rate rises to 68.32%, fatality dips to 2.04%: Centre

Real reaction to imagined accusations: DKShi on DyCM’s remarks

K’taka COVID-19 update: 7178 new cases; 5006 discharges; 93 deaths on Aug 8

Pramod Muthalik accuses central govt of appeasement over Ram temple

Shantha Mallikarjuna Swamy coronated as succesor to Saluru Matha

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.