The government has approved a Rs850 crore relief package
for sugar exports even as it lifted a ban on overseas
sales in January on expectations of higher production
this, agriculture minister Sharad Pawar said the government
would bear an expenditure of Rs1,300 per tonne for sugar
to be exported by the states, which had ports and Rs1,400
for those who were away from the coast.
said sugar production this year was expected to be around
250 lakh tonnes and the country had carryover stock of
40 lakh tonnes from last year. The total availability
of the commodity this year would be around 290 lakh tonnes
against the country''s annual requirement of around 190
lakh tonnes, he said.
however, said the incentive package for sugar exports
had been referred to Election Commission for its approval
in view of the coming assembly polls in Uttar Pradesh.
also ruled out wheat exports, although he said, "The
wheat crop this year is expected to be good with the yield
expected around 72 million tonne," adding, the government
could import good quality wheat to the tune of 30 lakh
tonnes if need be.
sources, meanwhile, said sugar output in India, the world''s
second-largest producer, may cross 260 lakh tonnes in
2006-07 against the earlier estimates by Indian Sugar
Mills Association and National Federation of Cooperative
Sugar Factories that production may cross 250 lakh tonnes.
output is estimated to cross 260 lakh tonnes in 2006-07
season against 193 lakh tonnes last year as all the sugar
producing states are producing more than last year,"
industry sources said.
Maharashtra is likely to replace Uttar Pradesh as the
country''s top producer with an expected output of 84 lakh
tonnes, the sources said. The state government had recently
raised output estimates to 81 lakh tonnes from 70 lakh
Pradesh is likely to produce 77 lakh tonnes, Tamil Nadu
26 lakh tonnes and Karnataka 25 lakh tonnes, they added.
Output for Andhra Pradesh and Gujarat is pegged at 15
lakh tonnes each.