Nod for export of another 5 lakh tonnes of sugar by K Balchand

The Union government on Thursday allowed export of another tranche of 5 lakh tonnes of sugar under the Open General Licenses in the wake of improved production this year.

Union Food Minister K.V. Thomas said this after a meeting of the Empowered Group of Ministers (EGoM) that was chaired by Finance Minister Pranab Mukherjee.

In April, a similar quantity was allowed to be exported. Mill owners had demanded export of additional 10 lakh tonnes so as to meet the increased cost of inputs.

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