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Online edition of India's National Newspaper Tuesday, July 31, 2001 |
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Incentives offered for sugar export
By Our Staff Correspondent
MYSORE, JULY 30. The Union Government has offered incentives to
sugar factories in the country which come up with proposals to
export sugar.
The Union Minister of State for Public Distribution and Consumer
Grievances, Mr. V. Sreenivasa Prasad, told presspersons here on
Monday that the Centre would bear the transportation expenses
incurred by the sugar factories exporting sugar.
Last year, 11 lakh tonnes of sugar was exported from India, which
is presently the biggest producer of sugar in the world. During
2000-01, the country produced 181 lakh tonnes of sugar against
the consumption of 162 lakh tonnes. The country would maintain
its top position during the next two years as well, Mr. Prasad
said.
Apart from the 181 lakh tonnes of sugar produced last year, 93
lakh tonnes of sugar had been carried over from the previous
year, he said. Out of the total 274 lakh tonnes of sugar, 162
lakh tonnes was consumed, leaving a surplus of 112 lakh tonnes,
he said.
Replying to a question, Mr. Prasad said the country had imported
24,000 tonnes of pharmaceutical sugar which is not produced in
the country. He pointed out that pharmaceutical sugar was used
for pharmaceutical purposes and was not meant not for domestic
consumption.
He said the sugar factories released sugar into the open market
only after the Centre specified the quantum of sugar to be
released by each factory. For instance, Mahadeshwara Sugar Mills
in the State was given permission to release 1,000 tonnes into
the market this year.
The sugar factory in Pandavapura and a sugar mill in Lucknow
received orders to release the highest amount of sugar in the
open market last year. The Centre had given permission to release
56,000 tonnes of sugar from various sugar factories in the State.
Mr. Prasad said the Centre would give permission to sugar
factories to release additional sugar if they give an undertaking
to pay their dues to the sugarcane farmers. The permission to
release excess sugar would be on condition that they repay dues
to the farmers, he said.
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