News International Sugar Journal

Indian government approves sugar export subsidy of over US$475 million [Full subscriber]

On December 16, 2020, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi approved its marketing year (MY) 2020/21 sugar subsidy, totalling INR 35 billion (US$475.8 million) to export six million tonnes under its Maximum Admissible Export Quota (MAEQ) program that facilitates sugar exports and subsidizes any related additional production costs.…

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