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LATEST NEWS UPDATES | Government mulls setting minimum quantities for export of agri-commodities </title>
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To overcome inconsistencies in farm export-import policy, Food Minister K V Thomas today said the government is considering allowing a minimum level of quantity for export of select agri-commodities to help India become a stable player in the global market.
"We..."/>
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To overcome inconsistencies in farm export-import policy, Food Minister K V Thomas today said the government is considering allowing a minimum level of quantity for export of select agri-commodities to help India become a stable player in the global market.
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<h1 class="cat-box-title">Government mulls setting minimum quantities for export of agri-commodities</h1>
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Published on</span><span class="text-date"> Sep 11, 2012</span>
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<div style="text-align: justify">-PTI</div><div style="text-align: justify"><br /></div><div style="text-align: justify">To overcome inconsistencies in farm export-import policy, Food Minister K V Thomas today said the government is considering allowing a minimum level of quantity for export of select agri-commodities to help India become a stable player in the global market.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">"We are working on a mechanism to have a stable export-import policy on select agricultural commodities such as sugar, wheat and rice," Thomas said at the Kingsman 4th Indian Sugar Conference here.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">"It is not good that some years we start exporting and suddenly we stop. We are in discussion with the Commerce Ministry to allow wheat, rice and sugar exports at certain level," he said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The stable policy on export will help both farmers and industry, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Thomas also noted that the present export policy on wheat, rice and sugar will continue.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The country has exported 3.15 million tonnes of sugar so far this year. Besides, about 2.5 million tonnes of wheat and more than 4 million tonnes of non-basmati rice have been shipped since September 2011, when the export ban on these two items was lifted.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On decontrol of the sugar sector, Thomas said, "We have been conscious about the need to revisit regulatory norms on the sugar sector. The Rangarajan Committee on sugar decontrol has finalised the report and will very soon submit to the Prime Minister."</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Once the report is approved, it will be ready for implementation, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The sugar sector is the only industry which is fully controlled by the government. It is regulated right from the production of sugar through distribution in domestic and global markets.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On sugar production for next year, Thomas said, "We are likely to produce enough sugar to meet the consumption demand and will perhaps have a small exportable surplus."</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, the government will formulated the first estimate on sugar output end of this month in consultation with state sugar commissioners, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The country's sugar economy is approximately$ 16 million and impacts 50 million farmer families.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">India is estimated to have produced 26 million tonnes in the ongoing 2011-12 marketing year (October-September), as against the annual demand of 22-23 million tonnes. </div>
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<br><a href="http://economictimes.indiatimes.com/news/economy/agriculture/government-mulls-setting-minimum-quantities-for-export-of-agri-commodities/articleshow/16349230.cms" class="re" target="_blank">The Economic Times, 11 September, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/government-mulls-setting-minimum-quantities-for-export-of-agri-commodities/articleshow/16349230.cms</a><div class="clear"></div>
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To overcome inconsistencies in farm export-import policy, Food Minister K V Thomas today said the government is considering allowing a minimum level of quantity for export of select agri-commodities to help India become a stable player in the global market.
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<h1 class="cat-box-title">Government mulls setting minimum quantities for export of agri-commodities</h1>
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Published on</span><span class="text-date"> Sep 11, 2012</span>
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<div style="text-align: justify">-PTI</div><div style="text-align: justify"><br /></div><div style="text-align: justify">To overcome inconsistencies in farm export-import policy, Food Minister K V Thomas today said the government is considering allowing a minimum level of quantity for export of select agri-commodities to help India become a stable player in the global market.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">"We are working on a mechanism to have a stable export-import policy on select agricultural commodities such as sugar, wheat and rice," Thomas said at the Kingsman 4th Indian Sugar Conference here.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">"It is not good that some years we start exporting and suddenly we stop. We are in discussion with the Commerce Ministry to allow wheat, rice and sugar exports at certain level," he said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The stable policy on export will help both farmers and industry, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Thomas also noted that the present export policy on wheat, rice and sugar will continue.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The country has exported 3.15 million tonnes of sugar so far this year. Besides, about 2.5 million tonnes of wheat and more than 4 million tonnes of non-basmati rice have been shipped since September 2011, when the export ban on these two items was lifted.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On decontrol of the sugar sector, Thomas said, "We have been conscious about the need to revisit regulatory norms on the sugar sector. The Rangarajan Committee on sugar decontrol has finalised the report and will very soon submit to the Prime Minister."</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Once the report is approved, it will be ready for implementation, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The sugar sector is the only industry which is fully controlled by the government. It is regulated right from the production of sugar through distribution in domestic and global markets.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On sugar production for next year, Thomas said, "We are likely to produce enough sugar to meet the consumption demand and will perhaps have a small exportable surplus."</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, the government will formulated the first estimate on sugar output end of this month in consultation with state sugar commissioners, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The country's sugar economy is approximately$ 16 million and impacts 50 million farmer families.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">India is estimated to have produced 26 million tonnes in the ongoing 2011-12 marketing year (October-September), as against the annual demand of 22-23 million tonnes. </div>
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<br><a href="http://economictimes.indiatimes.com/news/economy/agriculture/government-mulls-setting-minimum-quantities-for-export-of-agri-commodities/articleshow/16349230.cms" class="re" target="_blank">The Economic Times, 11 September, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/government-mulls-setting-minimum-quantities-for-export-of-agri-commodities/articleshow/16349230.cms</a><div class="clear"></div>
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<h1 class="cat-box-title">Government mulls setting minimum quantities for export of agri-commodities</h1>
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Published on</span><span class="text-date"> Sep 11, 2012</span>
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<div style="text-align: justify">-PTI</div><div style="text-align: justify"><br /></div><div style="text-align: justify">To overcome inconsistencies in farm export-import policy, Food Minister K V Thomas today said the government is considering allowing a minimum level of quantity for export of select agri-commodities to help India become a stable player in the global market.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">"We are working on a mechanism to have a stable export-import policy on select agricultural commodities such as sugar, wheat and rice," Thomas said at the Kingsman 4th Indian Sugar Conference here.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">"It is not good that some years we start exporting and suddenly we stop. We are in discussion with the Commerce Ministry to allow wheat, rice and sugar exports at certain level," he said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The stable policy on export will help both farmers and industry, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Thomas also noted that the present export policy on wheat, rice and sugar will continue.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The country has exported 3.15 million tonnes of sugar so far this year. Besides, about 2.5 million tonnes of wheat and more than 4 million tonnes of non-basmati rice have been shipped since September 2011, when the export ban on these two items was lifted.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On decontrol of the sugar sector, Thomas said, "We have been conscious about the need to revisit regulatory norms on the sugar sector. The Rangarajan Committee on sugar decontrol has finalised the report and will very soon submit to the Prime Minister."</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Once the report is approved, it will be ready for implementation, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The sugar sector is the only industry which is fully controlled by the government. It is regulated right from the production of sugar through distribution in domestic and global markets.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On sugar production for next year, Thomas said, "We are likely to produce enough sugar to meet the consumption demand and will perhaps have a small exportable surplus."</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, the government will formulated the first estimate on sugar output end of this month in consultation with state sugar commissioners, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The country's sugar economy is approximately$ 16 million and impacts 50 million farmer families.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">India is estimated to have produced 26 million tonnes in the ongoing 2011-12 marketing year (October-September), as against the annual demand of 22-23 million tonnes. </div>
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<br><a href="http://economictimes.indiatimes.com/news/economy/agriculture/government-mulls-setting-minimum-quantities-for-export-of-agri-commodities/articleshow/16349230.cms" class="re" target="_blank">The Economic Times, 11 September, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/government-mulls-setting-minimum-quantities-for-export-of-agri-commodities/articleshow/16349230.cms</a><div class="clear"></div>
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LATEST NEWS UPDATES | Government mulls setting minimum quantities for export of agri-commodities
Government mulls setting minimum quantities for export of agri-commodities
Published on Sep 11, 2012
Modified on Sep 11, 2012
-PTI
To overcome inconsistencies in farm export-import policy, Food Minister K V Thomas today said the government is considering allowing a minimum level of quantity for export of select agri-commodities to help India become a stable player in the global market.
"We are working on a mechanism to have a stable export-import policy on select agricultural commodities such as sugar, wheat and rice," Thomas said at the Kingsman 4th Indian Sugar Conference here.
"It is not good that some years we start exporting and suddenly we stop. We are in discussion with the Commerce Ministry to allow wheat, rice and sugar exports at certain level," he said.
The stable policy on export will help both farmers and industry, he added.
Thomas also noted that the present export policy on wheat, rice and sugar will continue.
The country has exported 3.15 million tonnes of sugar so far this year. Besides, about 2.5 million tonnes of wheat and more than 4 million tonnes of non-basmati rice have been shipped since September 2011, when the export ban on these two items was lifted.
On decontrol of the sugar sector, Thomas said, "We have been conscious about the need to revisit regulatory norms on the sugar sector. The Rangarajan Committee on sugar decontrol has finalised the report and will very soon submit to the Prime Minister."
Once the report is approved, it will be ready for implementation, he added.
The sugar sector is the only industry which is fully controlled by the government. It is regulated right from the production of sugar through distribution in domestic and global markets.
On sugar production for next year, Thomas said, "We are likely to produce enough sugar to meet the consumption demand and will perhaps have a small exportable surplus."
However, the government will formulated the first estimate on sugar output end of this month in consultation with state sugar commissioners, he added.
The country's sugar economy is approximately$ 16 million and impacts 50 million farmer families.
India is estimated to have produced 26 million tonnes in the ongoing 2011-12 marketing year (October-September), as against the annual demand of 22-23 million tonnes.
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