EconomyGS3-Economy
Centre Lifts Ban, Allows Sugar Export
The Union government has partially lifted the ban on sugar exports, allowing for the export of one million tonnes in the 2024-25 season.
January 21, 2025
Key Points
- 1The Union government lifted the ban on sugar exports, permitting the export of one million tonnes in the 2024-25 season ending in September.
- 2The ban was implemented in October 2023 to regulate domestic prices.
- 3The decision aims to ensure timely payments to farmers and boost liquidity for sugar mills.
- 4The Food Ministry's order allows millers to export all sugar grades directly or through traders until September 30.
- 5The Indian Sugar and Bio-Energy Manufacturers Association welcomed the decision.
Important Terms
Sugar exportExport banFood MinistrySugar millsFarmers
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Last Updated: 6/2/2025