Sugar export issue to be decided today

The surplus sugar is causing problem for farmers as export of sugar has been stopped by the government of India. The union minister of state for food and civil supplies K V Thomas assured the problem-ridden Maharashtra cooperative sugar industry that the empowered group of ministers would take a decision on sugar exports at its meeting slated for Monday.

He admitted that the decision to export 500,000 tonnes of sugar under open general license has been kept in abeyance but assured that decision is expected at Monday’s meeting.

It is well known that  Maharashtra cooperative sugar industry is caught in  financial crisis due to stoppage of export. The state cooperative minister made a fresh appeal to the Centre to allow for export.

Sharad Pawar, a product of sugar cooperative movement of Maharashtra  had earlier requested his colleague Pranab Mukerjee for discontinuance of the ban

In view of bumper crop this year total sugar availability is expected to touch 29 million tonnes against the anticipated domestic consumption of 23 million tonnes.

The empowered group of Ministers will decide on the issue on Monday

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