Amid historically highest exports, the Centre on Wednesday, May 25, 2022, said it has notified capping of sugar exports at 10 million tonnes in the current marketing year ending September to maintain the domestic availability and price stability.
The notification was issued by the Directorate of General of Foreign Trade (DGFT) late at night on May 24.
As per the DGFT notification, sugar exports will be allowed with effect from June 1 till October 31 this year or till further order, whichever is earlier, with specific permission of the Directorate of Sugar under the Food Ministry.