GOI extends deadline for exports of sugar under MAEQ till December 2020


New Delhi: The nationwide lockdown due to coronavirus has affected the sugar industry by hitting domestic sugar sales and added financial strains to sugar millers, sugar exports had also been stranded with most of the ports in India having invoked force majeure.

In a notification issued on 15th day of September 2020, the Department of Food and Public Distribution extended the timeline for export of Maximum Admissible Export Quota (MAEQ) of 60 LMT for for those sugar mills which have partially exported their MAEQ quota of sugar season 2019-20 till 31.09.2020 will be allowed to export the balance quantity of their quota by 31.12.2020.

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