Government allows more export of sugar
Share |
The government has allowed export of an additional one million tonnes of sugar, over and above the exports allowed a few weeks ago. This has been done as per recommendations of the empowered group of ministers (EGoM), headed by finance minister Pranab Mukherjee, which had decided to allow exports of additional one million tonnes of sugar in view of the significantly higher production of the sweetener in the country, a food ministry notification said on Friday. ''It has been decided to allow exports of 10 lakh tonnes of raw, white and refined sugar under the Open General Licence (OGL) during the current sugar season 2011-12,'' the food ministry said in the notification.
Exports would be over and above what was permitted under the first tranche, but out of 2011-12 seasons’ production, it said. In the current (October-September 2011-12) sugar season, the government has allowed export of one million tonnes of sugar under the OGL to ensure timely payments to domestic cane growers. The export quota will be allocated among sugar mills based on their average production of last three years.
Add Your Comments
Please ensure that you don't use abusive words in your comments. While you have a right to express your views, you have absolutely no right to abuse persons or events. Express your criticism in a gentle way.
Featured Movie News
-
Sholay in 3D
Good news is 38 years old Sholay movie that was a super…
-
Media Made Her Think And Grab?
Sometimes a talk or a suggestion makes one think in those lines. …
-
Sherlyn Chopra is getting married?
Sherlyn Chopra's mother is asking her to get married soon! That is…
-
Shruti Haasan enjoys writing!
Haasan said that she like writing due to the fact that, it…
-
Rajamouli special appearance in 'Baahubali'
There is gossip that Rajamouli, the very acclaimed director is going to…
-
SRK got discharged from Lilavati after surgery
SRK, was known to have got discharged on Wednesday evening after undergoing…
