OREANDA-NEWS. April 27, 2015. As per extant policy, the exports of sugar is free without quantitative restrictions subject to prior registration by DGFT. To enhance the production of new product raw sugar targeted for export market, the Central Government vide notification date 28.02.2014, provided incentive towards “Marketing and Promotion Service of Raw Sugar Production” for 2013-14 sugar season @ Rs. 3300/- per MT for February-March, Rs. 2277/- per MT for April-May, Rs. 3300/- per MT for June-July & Rs. 3371/- per MT for August- September. The scheme was further extended vide notification dated 27.02.2015 to provide incentive @ Rs. 4000/- per MT upto 14 Lakh MT for the current sugar season 2014-15 “(October- September)”.

Encouraging exports is a continuous process. The export of agricultural products depend on various factors including availability of surplus over and above the requirement of buffer stock if any including, strategic reserve, concerns of food security, diplomatic/humanitarian considerations, international demand and supply situation, quality standards in the importing countries, varieties traded and price competitiveness, need to balance between remunerative prices to the growers and availability of agricultural products to common man at affordable prices.

This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today.