NEW DELHI: Duty-free white sugar imports into India could be upped by another one million tonnes to boost domestic availability and keep prices under check. The deadline for imports may be extended to March 2010. The earlier ceiling of one million tonnes of import laid down by the government for the period upto September 30 has almost been achieved. Currently, white sugar imports at nil import duty...
|
Duty-free white sugar imports into India could be upped by another onemillion tonnes to boost domestic availability and keep prices under check. Thedeadline for imports may be extended to March 2010. The earlier ceiling of onemillion tonnes of import laid down by the government for the period uptoSeptember 30 has almost been achieved.Currently, white sugar importsat nil import duty have reached around...
|
Sugar major Triveni Engineering & Industries today said in the ongoing season the company will crush 14 per cent more sugarcane at 4 lakh tonne compared to last year.The company had crushed 3.5 lakh tonnes of sugar in the last sugar season, which starts from October. "We will soon start crushing sugarcane this season. We expect to crush four lakh tonnes of sugarcane compared with 3.5 lakh tonnes in...
|
LUCKNOW:Country's biggest sugarcane producing state has banned imports of raw sugarafter a farmers demonstration against overseas purchases of raws, governmentofficials said onTuesday.India, the world'sbiggest consumer and the second-biggest producer of sugar, has allowed importsof both raws and whites at zero duty to stave offshortages.Agitating farmers inthe northern state of Uttar Pradesh, which...
|
summer-sown harvest may have fallen at least 10% this year, setting the stage for large sugar imports, the country's first imports of rice in decades and record vegetable oil imports.The farm ministry is expected to issue its first formal estimates of summer-sown crops next week, which will signal the extent to which the country's billion-plus people will consume imported farm commodities.Farm output...
|
summer-sown harvest may have fallen at least 10 percent thisyear, setting the stage for large sugar imports, the country's first imports ofrice in decades and record vegetable oil imports.The farm ministryis expected to issue its first formal estimates of summer-sown crops next week,which will signal the extent to which the country's billion-plus people willconsume imported farm commodities.Farm output...
|
Centre has made available 17.14 lakh tonnes of levy and non-levy sugar for November to keep prices under check.Of this, the free sale quota is 10.50 lakh tonnes, the levy quota is 2.14 lakh tonnes, and white sugar processed from imported raw sugar is 1.45 lakh tonnes. In addition, the government expects that 1.50 lakh tonnes of imported white sugar, 1.55 lakh tonnes of white sugar processed from imported...
|
The government is planning to raise the cap on duty-free refined sugar import by one million tonnes once the current limit is exhausted, to prevent upward spiral of domestic prices triggered by supply concern.Earlier, the Centre had allowed traders to import up to one million tonnes of duty-free white sugar till November 30."Once the current limit (on quantity) is exhausted, we plan to increase it...
|
the directives of government, Trading Corporation of Pakistan (TCP) has issued delivery orders to utility stores corporation for 54,000 tons of sugar.The spokesman of TCP Khizar Hyatt told Geo News that TCP from its present stock will provide 34,000 tons imported and 20,000 tons local sugar to utility stores. He said after providing sugar to utility stores, TCP sugar stock will be reduce to 167,000...
|
The government is considering the import of refined sugar to tackle the rising prices of the commodity.The customs department has been briefed to keep logistics ready to clear the cargo immediately, since the item is highly perishable.India will import refined sugar, if it does so, for the first time since 2005-2006.Officials close to the development said the proposal was aimed at controlling the sugar...
|
