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India exported 3.61 mn tn sugar - Oct 2010 to Apr 2011

India exported 3.61 mn tn sugar - Oct 2010 to Apr 2011
PTI
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First Published: Mon, Aug 29 2011. 05 32 PM IST
Updated: Mon, Aug 29 2011. 05 32 PM IST
New Delhi: India, the world’s second largest sugar producer, exported 3.61 million tonnes of the sweetener between October 2010 and April 2011 in view of surplus output, Parliament was informed today.
“As per data published by the Directorate General of Commercial Intelligence and Statistics (DGCIS) Kolkata, about 3.61 million tonnes of sugar has been exported up to April 2011 during the current sugar season (October- September) 2010-11,” food minister K. V. Thomas said in a reply to the Rajya Sabha.
According to the industry data, the country exported 2.17 lakh tonnes in the entire 2009-10 season.
The minister said that the government has allowed sugar exports under Advance License Scheme (ALS) and Open General License (OGL) in view of higher production than internal demand, favorable global prices and to enhance liquidity of sugar mills for enabling them to pay cane dues to farmers.
Thomas said that the Centre had decided to allow export of about 1.1 million tonnes of sugar under ALS in September 2010, but maximum quantity has been exported during the current season.
Besides ALS, the government allowed 1.5 million tonnes of sugar exports under OGL in three equal tranches in April, June and August, he added.
India’s sugar production is estimated at 24.2 million tonnes in 2010-11 season ending next month, against 18.8 million tonnes in the previous year. The annual domestic demand is pegged at 21-21.5 million tonnes.
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First Published: Mon, Aug 29 2011. 05 32 PM IST