India's domestic sugar production in the current sugar season
2012-13 is estimated to be sufficient to meet the estimated domestic
consumption requirement, according to a latest press release from the Ministry
of Consumer Affairs. As such, large surplus
production of sugar in this season is not expected at present. Changes in
export policy would be made, if considered appropriate depending upon the
production, availability and international as well as domestic prices of sugar. As regards revision of import duty, no decision has been
taken by the Government so far. The production, demand, import and export of sugar during
each of last three sugar seasons and the estimated figures for 2012-13 are as
under;
As per the data published by Directorate General of
Commercial Intelligence and Statistics, Kolkata export of sugar from India
during last three sugar seasons have been mainly to Bangladesh, Sri
Lanka, Dijibouti, Indonesia, Malaysia, Pakistan, Somalia & UAE etc
and import of sugar in India was mainly from Brazil, Thailand, Myanmar, South
Africa, Argentina and UAE etc. There had been hardly any
export/import of sugar during current sugar season 2012-13 so far. No incentive/assistance was provided to the exporters
during the said period.
