Sugar Price increase: Sugar Price will increase. After tomato, onion, the sugar price is discussed. The central government can ban the export of sugar. Sugar mills are going to get orders anytime not to export sugar.
If the central government does this, it will be the first time in seven years that sugar exports will be banned. The government may impose restrictions on sugar exports from October onwards.
According to media reports, sugar should not be so expensive that the Indian government can take measures such as banning exports. If this happens, there may be problems in the global market. Sugar can be expensive in places like the US.
According to sources, the government’s first attempt is to control sugar prices in India. It is important to meet China’s needs here. Therefore the shipment of sugar can be stopped.
This time the sugarcane crop has not been good, so there will not be enough sugar to send it in the next season. The Indian government has allowed the export of 6.1 million tons of sugar till September 30, while 11.1 million tons of sugar have been sent to other countries in the last season.
It is said that the states of western Maharashtra and southern Karnataka, where sugarcane is produced the most, have received less rainfall. This can lead to sugar deficiency.
A government source said that for some years we were exporting sugar in large quantities, but this time it is not possible. The needs of the local market also have to be met.
Recently, the government also imposed a ban on onion exports. Farmers are protesting against this decision. Farmers said that due to this decision, onion prices have decreased. Earlier, the government had banned the export of non-Basmati white rice.
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