New Delhi: In order to reduce the sugar surplus and provide assistance to sugar mills, the government had approved sugar export policy of 60 Lakh MT (LMT) for sugar season 2019-2020. The policy involves an export subsidy of Rs 10,448 per metric tonne (mt) to sugar mills. Government has given mill-wise Maximum Admissible Export Quantity (MAEQ) of 60 LMT of sugar for export.
In a notification issued to the CEO/MD/GM of sugar mills on 16th December 2019, Department of Food & Public Distribution (DFPD) sought information from them regarding their sugar export performance.
In a notification it is mentioned that, as per clause 10 of the said notification, in order to review the export performance on quarterly basis, the concerned sugar mills are advised to furnish the following details pertaining to 1st quarter (October, 2019-December, 2019):(i) Quantity contracted till 15th December, 2019
(ii) Quantity exported till 15th December, 2019
(iii) Quantity likely to be contracted by 31st December, 2019
(iv) Quantity likely to be lifted from sugar mills by 31st December, 2019
(v) Quantity likely to be exported by 31st December, 2019
(vi) Whether the mill is willing to export additional quantity over and above its MAEQ; if yes, additional quantity required to export upto September, 2020
(vii) Whether sugar mills want to forego entire MAEQ quantity or part thereof; if yes, quantity to be foregone to be indicated.
(viii) Plan for quarterly export during SS 2019-20 against MAEQ or reduced MAEQ in case of foregone export as indicated in (vii)above.
DFPD asked the mills to provide the information by 24th December, 2019 through
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