Don’t miss the latest developments in business and finance.

Government to allow sugar exports

Image
IANS New Delhi
Last Updated : Dec 19 2013 | 9:41 PM IST

The government Thursday said that it will allow sugar exports, as there was surplus in the domestic market.

The decision was taken by the cabinet committee on economic affairs (CCEA) on the proposal sent by the department of commerce to continue export of sugar without any quantitative restriction.

"This (decision) is expected to give a positive signal to exporters and the international community on the efforts of the government to pursue a stable, long term and consistent export policy regime in the agriculture sector," the CCEA said in a statement.

Also Read

First Published: Dec 19 2013 | 9:36 PM IST

Next Story