Sugar Export Curbs- Relevance for UPSC Exam
- GS Paper 3: Indian Economy- Issues relating to planning, mobilization of resources, growth, development and employment.
Sugar Export Curbs in news
- Recently, the Union Government has notified that sugar exports will be restricted, or allowed only with permission.
- India is the biggest producer of sugar and the second largest exporter after Brazil.
Key Facts about Sugar Export Curbs
- The Sugar Export curbs, the first such move in four years, have been ordered to maintain “domestic availability and price stability of sugar”.
- Prior Permission: The government has moved export of sugar from the ‘open category’, which requires no government intervention, to ‘restricted’ category.
- This means that export of sugar is allowed only with specific permission from the Directorate of Sugar, Department of Food and Public Distribution (DFPD), Ministry of Consumer Affairs, Food & Public Distribution.
- Duration: Sugar Export curbs come into effect from June 1 and will continue till October 31, or until further orders.
Fair and Remunerative Prices for Sugarcane
चीनी निर्यात पर प्रतिबंध: भारत का चीनी निर्यात, प्रतिबंध की आवश्यकता तथा उनके प्रभाव