The government has restricted the export of sugar to 10 million metric tonnes this year to maintain the availability and price stability of sugar in the country. This decision has been taken to control the retail prices in the country amid the sugar crisis in the world. The government has allowed conditional exports from June to October in special circumstances.
According to the government's notification issued late on Tuesday, the ban on exports will be effective from June 1 to October 31, 2022, or till further orders. During this, special permission will have to be taken from the Directorate of Food and Public Distribution for export.
Food Secretary Sudhanshu Pandey said that the government has taken a timely and precautionary decision to ensure adequate availability of sugar in the country.
He said that though the price of sugar is more stable as compared to other commodities, this step has been taken to check rumors and unfair price hikes. However, this year, India has overtaken Brazil to become the world's largest sugar producer and second-largest export.
huge increase in exports
There has been a tremendous increase in exports this year. As against around 50,000 metric tonnes in the year 2016-17, 10 million metric tonnes of sugar have been exported this year. Pandey said that the export of sugar has not been banned, but it has been limited. This year, the highest ever contract has been signed for the export of 90 lakh metric tonnes of sugar, out of which 82 lakh metric tonnes have been exported.
Retail Price Rs 33 to 44 per kg
At present, the price of sugar from the mill is Rs 32 to 33 per kg, while the retail price of sugar is Rs 36 to 44 per kg according to different regions of the country. This year, the wholesale price of sugar in the country has remained stable at Rs 3,150 to Rs 3500 per quintal.
Price increased by Rs 1.36 in one year
The retail price of sugar has increased by Rs 1.36 in the last year. According to data from the Department of Consumer Affairs, the retail price of sugar was Rs 40.39 per kg a year ago. It increased to Rs 41.75 per kg on May 25, 2022. Meanwhile, the price of sugar has increased continuously. It was priced at Rs 41.28 a month ago and Rs 41.64 per kg a week ago.
Delhi Liquor Scam: A case will be filed against Kejriwal and Sisodia in a money laundering case, ED gets approval from the Home Ministry
Amid the Delhi Assembly elections, the troubles of Aam Aadmi Party convener Arvind Kejriwal and former Deputy Chief Minister Manish Sisodia seem to be increasing in the money laundering case related
Ram Mandir: 22 January should be declared a public holiday on the day of Ram Mandir Pran Pratistha, The Sant Committee wrote a letter to PM Modi
The festival of consecration of Lord Shri Ram at his birthplace is the most sacred historical moment. So that all followers of Sanatan Dharma can witness that moment on that day in the spirit of the
Saif Ali Khan: From the attack on Saif Ali Khan to the formation of teams for investigation, know what has happened in the case so far
A thief attacked Saif Ali Khan with a knife in his Mumbai Bandra house. Saif suffered serious spinal injuries in this attack. Saif also suffered injuries in his neck, back and arm. Saif was then taken
Emergency declared in New York due to severe snow storm, President Biden orders to provide assistance
US President Joe Biden has declared a state of emergency in New York badly affected by the 'historic' snow storm. He ordered agencies to provide federal assistance to the disaster-hit province. The
Russia-Ukraine War: Loud explosions were heard in Kyiv and surrounding areas, know the latest situation
Loud explosions were heard in Ukraine's capital Kyiv and surrounding areas in the early hours of Monday. Earlier, the governor of the Kyiv region, Oleksiy Kuleba, said that there was a possibility of
This phone of Oppo launched with a 108MP camera, Realme introduced a phone with a curve display, read details
Realme 10 Pro Plus: Oppo has launched its A1 Pro smartphone. There are many premium features in this smartphone. This phone comes with 6.7 inches curved OLED display. The refresh rate of its display
Petition in HC against Ram Rahim's parole: Dera Mukhi ignoring the rules, demanding to be sent back to jail
The matter of parole of Ram Rahim, who is serving a sentence in the Sadhvi harrasment abuse and murder case, has reached the High Court. Advocate HC Arora of Punjab and Haryana High Court has filed a
Ukraine: Ukrainian President Zelensky sacked military general, reason not disclosed
Ukrainian President Volodymyr Zelensky on Sunday sacked Major General Eduard Mikhailovich Moskalov, commander of the Joint Force. Moskalov was appointed commander of the Joint Force in March last
Climate activists punctured the tires of 900 cars: Said- carbon emissions from cars are increasing, this is a threat to the climate
A climate activist group named 'The Tire Extinguisher' performed uniquely in 8 countries of the world. The activist punctured the tires of about 900 cars. Their aim was only one - to draw people's
Waqf JPC: The parliamentary committee not satisfied with the information of three states including Madhya Pradesh, asked for details again in 15 days
The Joint Parliamentary Committee reviewing the Waqf Amendment Bill recorded oral evidence from the state representatives. However, the committee is not satisfied with the answers given by Karnataka,
