Govt extends curbs on sugar exports to keep prices in check

 

by IANS |



New Delhi, Oct 18 (IANS) The government on Wednesday extended restrictions on sugar exports beyond October 31 this year to increase availability of the commodity in the local market and keep prices in check during the festive season.


"Restriction on export of Sugar (Raw Sugar, White Sugar, Refined Sugar and Organic sugar) is extended beyond October 31, 2023, till further order. Other conditions will remain unchanged," the directorate general of foreign trade (DGFT) said in a notification.


India’s retail inflation has eased to a 3-month low of 5.02 per cent in September bringing much-needed relief to consumers and the government is keen to keep food prices in control as assembly elections to key states have been announced which will be followed by the Lok Sabha polls early next year.


Food inflation, which accounts for close to half of the overall consumer price index (CPI), slowed to 6.56 per cent in September from 9.94 per cent in August.



Latest News
Playing domestic cricket serves as good challenge when not playing international games: SKY Mon, Dec 08, 2025, 02:47 PM
Two killed, 20 injured in highway accident in Afghanistan Mon, Dec 08, 2025, 02:43 PM
IndiGo cancels 112 flights at Hyderabad Airport, passengers continue to suffer Mon, Dec 08, 2025, 02:39 PM
Govt's multi-pronged strategy boosting consumption, growth: FM Sitharaman Mon, Dec 08, 2025, 02:37 PM
Hardik's experience is invaluable, gives good balance to the side: Suryakumar Mon, Dec 08, 2025, 02:34 PM