ADD ANI AS A TRUSTED SOURCE
googleads
Menu
General News

Ample time given to sugar exporters, millers to apply for obtaining Export Release Orders: Centre

New Delhi [India], June 8 (ANI): The Central Government gave ample time to sugar exporters and millers to submit their applications on National Single Window System (NSWS) with regard to the restriction on exports of sugar beyond 100 Lakh Metric Tonnes (LMT).

ANI Jun 08, 2022 23:17 IST googleads

Representative image

New Delhi [India], June 8 (ANI): The Central Government gave ample time to sugar exporters and millers to submit their applications on National Single Window System (NSWS) with regard to the restriction on exports of sugar beyond 100 Lakh Metric Tonnes (LMT).
Taking into consideration unprecedented growth in exports of sugar and the need to maintain sufficient stock of sugar in the country as well as to safeguard the interests of the common citizens of the country by keeping prices of sugar under check, the Government of India decided to regulate sugar exports with effect from June 1, 2022, and imposed restriction on the export of sugar beyond 100 LMT, the Ministry of Consumer Affairs, Food and Public Distribution said.
Applications were invited from sugar mills and exporters online on the NSWS portal for obtaining approvals in the form of Export Release Orders (EROs) from the Directorate of Sugar and Vegetable Oils, Department of Food and Public Distribution (DFPD) vide letter dated May 24, 2022.
All sugar exporters and millers were communicated to file an online application in the NSWS portal and were informed that the portal will be opened on June 1. Significantly, there was enough time for preparing the application and thereafter, filing it, the government data said.
Instructions for sugar mills and exporters were issued and posted on the website of DFPD. The applications were processed on a first come first serve basis in a timely manner. Since a large number of applications were received from sugar mills/ exporters for the quantity of more than 23 LMT till June 3, 2022, and as the quantity of only 10 LMT to be distributed among sugar mills/ exporters, so it was decided to distribute a quantity of only 10 LMT on pro-rata basis among sugar mills/exporters whose applications were received till June 3, 2022.
In the past few years also, whenever export quota was allocated among sugar mills it was allocated to sugar mills on a pro-rata basis; therefore, this time also in order to maintain transparency and to give an opportunity to all exporters/ sugar mills who have applied till 3rd June' 2022, Export Release Orders were issued on pro-rata basis.
During the past few years, sugar production in the country has been consistently more than domestic consumption thereby creating a surplus situation. In a view to addressing the problem of surplus sugar in the country, the Central Government has been encouraging sugar mills during the past few sugar seasons to divert surplus sugar to ethanol and is also facilitating sugar mills to export surplus sugar thereby improving the liquidity of sugar mills enabling them to clear cane price dues of farmers.
Export of sugar and diversion of sugar to ethanol during the recent times has also helped in maintaining demand-supply balance and stabilizing domestic sugar prices. Details of sugar export and diversion of sugar to ethanol since sugar season 2018-19 (October-September) are as under:

India has now become the largest producer of sugar in the world and the second-largest exporter. Further, India is also the top consumer of sugar in the world. Consumption of sugar in India is consistently increasing at a growth of 2-4 per cent per annum.
In May, India announced restrictions on the export of sugar to keep a lid on prices in the domestic market. This is the first time in six years that the Centre has placed a restriction on sugar exports. (ANI)

Get the App

What to Read Next

Politics

Giriraj Singh slams Rahul Gandhi over conduct in Parliament

Giriraj Singh slams Rahul Gandhi over conduct in Parliament

Speaking to reporters here on Thursday, Singh said the opposition had sought permission to speak on the issue of LPG, but did not adhere to the subject.

Read More
Politics

Congress' Muraleedharan says LPG shortage "affecting families"

Congress' Muraleedharan says LPG shortage

"Most of the hotels are closed. Even in the few that are open, we are not getting proper food. This situation is affecting families as well. Therefore, we request the Central Government to intervene in this matter and take strong action to ensure the supply of LPG gas," Muraleedharan told reporters in Thiruvananthapuram.

Read More
General News

Woman found dead in hotel room in North Delhi

Woman found dead in hotel room in North Delhi

According to Delhi Police, around 12:30 am, staff of Prince Hotel located at SPM T-point on Church Mission Road informed the beat staff that Room No. 205 was locked and the guest inside was not responding despite repeated knocking.

Read More
Politics

"No shortage of petrol, diesel or LPG": Hardeep Singh Puri

In his statement in the Lok Sabha, Puri said the government has taken multiple measures to safeguard the country's energy security and ensure the uninterrupted availability of petroleum products, cooking gas, and natural gas.

Read More
Politics

29 lakh women received funds under Mahila Udyamita Scheme: Sarma

29 lakh women received funds under Mahila Udyamita Scheme: Sarma

"Till today, 29 lakh women have received the fund of the Mahila Udyamita Scheme. Today, this fund will be distributed in Sonai and East Goalpara constituency. A total of 33.50 lakh women will get benefits," Himanta Biswa Sarma told reporters.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.