New Delhi, Aug. 13 -- The All India Sugar Trade Association (AISTA) has urged the government to revise its sugar export quota system, recommending that quotas be allocated only to mills willing to export directly from their own facilities.
The association said the current mechanism is limiting exports and affecting mill profitability.
At present, export quotas are distributed among mills based on their past production. However, AISTA noted that some mills located in remote areas or not interested in exports sell their quotas to other players.
This practice leaves a portion of the allocated quantity unshipped, resulting in higher-than-necessary sugar stocks with mills.
Sugar exports remain under government restrictions, with total volu...
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