Indian Govt. to increase export quota of performing sugar mills

Department of Food & Public Distribution will also review the performance of sugar mills on quarterly basis and in case of non-performing mills, their Maximum Admissible Export Quantity (MAEQ) may be reduced and accordingly MAEQ of performing and willing sugar mills may be increased.

In a notification issued on 12th day of September 2019, the Department of Food & Public Distribution with a view to facilitate export of sugar during the sugar season 2019-20 thereby improving the liquidity position of sugar mills enabling them to clear cane price dues of farmers for sugar season 2019-20 notified the Scheme for providing assistance to sugar mills for expenses on marketing costs including handling, upgrading and other processing costs and costs of international and internal transport and freight charges on export of sugar.

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SOURCEChiniMandi

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