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Export Ban: India restricts sugar exports from June 1 to curb domestic price rise

India Sudhanshu Pandey Government of India

India restricts sugar exports from June 1 to curb domestic price rise (File Photo)

New Delhi: The Central government on Wednesday imposed restrictions on sugar exports up to 100 lakhs metric tonnes (LMT) from June 1, 2022, to maintain domestic availability and price stability during the sugar season 2021-22 (October-September).

As per the order issued by the Directorate General of Foreign Trade (DGFT) with effect from June 1, 2022, till October 31, 2022, or till further order, whichever is earlier, the export of the sugar will be allowed with specific permission of the Directorate of Sugar under Department of Food and Public Distribution.

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