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Sugar exports set to resume as CCEA approves Rs 6,000 per tonne incentive The incentive, costing Rs 3,500 crore, would help export 60 lakh tonnes of sugar for the current season ending September next year. December 16, 2020 / 08:27 PM IST The incentive is required as domestic prices are higher, ranging from Rs 31,000 a tonne in Maharashtra to about Rs 32,500 in Uttar Pradesh. The Cabinet Committee on Economic Affairs (CCEA) on December 16 decided to provide Rs 6,000 per tonne incentive for sugar exports which will result in resumption of shipments that have come to a standstill since Octob...

Sugar exporters keep a watch as cabinet expected to take a decision on subsidy today The incentive for exports, which will boost shipments, could be given for 50-60 lakh tonnes of sugar, say sources. December 16, 2020 / 04:32 PM IST The Union Cabinet may consider incentives for sugar exports for the current season at a meeting later on December 16. A favourable decision will provide some momentum to sugar shipments that came to a standstill on October 1. “The cabinet is meeting today and we hear it has been listed for discussion,” said a sugar mill official, who didn’t wish to be id...