New Delhi, 15 November: With surplus domestic sugar production, the government has relaxed a condition for exports of the sweetener by doubling the limit on overseas shipments that sellers can register.
“One of the conditions was the upper limit of 25,000 tons per application for registration. This limit is now enhanced to 50,000 tons. Accordingly, an exporter can seek registration of up to 50,000 tons of sugar,” the Directorate General of Foreign Trade said in a circular.
Welcoming the government&’s decision, the Indian Sugar Mills Association (ISMA) director-general Abinash Verma said this would help in exports of raw sugar, which is generally shipped in bulk. pti