Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Sugar production surplus in India since 2010-11: Govt

IANS
Updated: February 3rd, 2022, 12:31 IST
in Business
0
SUgar

Sugar

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: As against the domestic consumption, there has been surplus production of sugar in the country since sugar season 2010-11 (October-September), except in sugar season 2016-17 due to drought, the Parliament was informed Wednesday.

“In the previous sugar season 2020-21, about 310 lakh metric tonnes (LMT) of sugar was produced, after discounting diversion of 22 LMT of sugar to ethanol, by Indian sugar mills against domestic consumption of 265 LMT. Further, against the estimated domestic consumption of 270 LMT in sugar season 2021-22, the sugar production is estimated to be around 308 LMT, again, after discounting estimated diversion of 35 LMT of sugar to ethanol,” Union Minister of State for Consumer Affairs, Food and Public Distribution, Sadhvi Niranjan Jyoti told the Lok Sabha in a written reply.

Also Read

Bombay Stock Exchange BSE

Stock markets close lower amid caution ahead of Q1 earnings; IT, oil shares drag

10 hours ago

UAE unveils Golden Visa scheme; Indians could be benefitted

11 hours ago

The government has been extending assistance to sugar mills, with a view to facilitate export of surplus sugar, and thereby, improving liquidity of sugar mills and enabling them to clear cane price dues of farmers, she said,

Giving details of export of sugar in past five years, the Minister said, in the sugar seasons 2016-17 ande 2017-18, 6.2 LMT was exported, in 2018-19, exports came down to 38 LMT followed by a substantial increase to 59.6 LMT in sugar season 2019-20, and further increased to 70 LMT in sugar season 2020-21. The export of sugar in sugar season 2021-22, till Jan 31, 2022, is 26.5 LMT.

Till date, contracts of about 40 LMT have been signed for export of sugar in current sugar season and that too without announcement of any export subsidy. It is also estimated that in sugar season 2021-22, about 50-60 LMT of sugar is likely to be exported by domestic sugar mills.

Further, to facilitate export of surplus sugar from country, custom duty on export of sugar has been withdrawn by the Central government from March 20, 2018.

Due to surplus production of sugar in the country since sugar season 2017-18, the Central government has imposed 100 per cent custom duty on import of sugar under OGL to prevent imports and thereby to safeguard the interest of sugar cane farmers.

However, import of raw sugar is valid under Advance Authorisation Scheme (AAS) under which raw sugar is imported in the country and re-exported after refining it. Such quantity of sugar which is imported under AAS cannot be sold in domestic market and can be re-exported only, she said.

Giving out details of sugar imported in last five years, the Minister informed that in the financial year 2017-18, 23.91 LMT sugar was imported, in 2018-19, it was 14.98 LMT, in 2019-20, it was 11.15 LMT, and in 2020-21 (19.63 LMT). In 2021-22, up to November 30, 2021, it was 2.8 LMT.

IANS

Tags: AGRICULTUREDroughtParliamentsugar
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019

Archives

Editorial

Toll Sucks Life

Nitin Gadkari
July 9, 2025

Union Road Transport and Highways Minister Nitin Gadkari took everyone by surprise when at a function in Nagpur, where the...

Read more

Bloodline

BJP-Shiv Sena
July 8, 2025

The coming together of the Thackeray cousins – Raj Thackeray, chief of the Maharashtra Navnirman Sena (MNS) and Shiv Sena...

Read more

Acknowledge Failure

Deputy Chief of Army Staff Lieutenant General Rahul R Singh
July 7, 2025

Deputy Chief of Army Staff Lieutenant General Rahul R Singh’s candid revelations about Operation Sindoor at a FICCI event ‘New...

Read more

Politics of Philosophy

AAKAR PATEL
July 6, 2025

The BJP’s constitution (Article 3) says, “Integral Humanism shall be the philosophy of the party.” The party’s membership form has...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST