Government tweaks guidelines to ensure sugar exports meet the target

ISMA and traders have estimated that exports would be about 5 million tonnes (mt) this season, against 6 mt of MAEQs issued by the government

Though sugar export has picked up this season, with further scope for growth as Indonesia is expected to soon open the doors for Indian sugar, it is still expected to miss the government target.

This prompted the government to issue new guidelines directing the reallocation export quotas from mills that haven’t been able to use them to those that have asked for higher quotas.

In a circular issued on Tuesday, the government warned mills that were not able to utilise their export quotas and don’t surrender or relinquish them that “such mills will not be entitled for their claims for third and