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LATEST NEWS UPDATES | Nod for export of another 5 lakh tonnes of sugar by K Balchand

Nod for export of another 5 lakh tonnes of sugar by K Balchand

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published Published on Jun 23, 2011   modified Modified on Jun 23, 2011

The Union government on Thursday allowed export of another tranche of 5 lakh tonnes of sugar under the Open General Licenses in the wake of improved production this year.

Union Food Minister K.V. Thomas said this after a meeting of the Empowered Group of Ministers (EGoM) that was chaired by Finance Minister Pranab Mukherjee.

In April, a similar quantity was allowed to be exported. Mill owners had demanded export of additional 10 lakh tonnes so as to meet the increased cost of inputs.

The Hindu, 24 June, 2011, http://www.hindu.com/2011/06/24/stories/2011062458050100.htm


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