Centre reallocates sugar export quota for 2024-25 as mills exchange quotas
This story was originally published at 17:50 IST on 10 February 2025
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MUMBAI – The Centre has reallocated the sugar export quota following requests from mills to allow the exchange of export and domestic sale quotas. The government has released the first reallocation of the export quota for season 2024-25 (Oct-Sept) by making consequent adjustments to the monthly release quota, the Department of Food and Public Distribution said in a notification.
The government had on Jan. 20 lifted the ban on sugar exports and set the export quota in 2024-25 at 1 million tonnes.
Requests along with agreements between sugar mills involved in the exchange of export quantity and domestic monthly release quantity have been examined and additional export quantity and the revised domestic quota for the mills have been allocated, the notification said.
Mills adjacent to ports like Maharashtra, Gujarat, and Karnataka will opt for exporting sugar due to lower logistics costs, while mills in states like Uttar Pradesh will trade their export quota to these states in exchange for a higher domestic sales quota, Informist had quoted The Indian Sugar & Bio-energy Manufacturers Association Director General Deepak Ballani as saying earlier. End
Reported by Taniva Singha Roy
Edited by Saji George Titus
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