The Centre on Monday permitted the export of 1 million tonnes of sugar for the 2024-25 season ending September, a move aimed at stabilising domestic prices and supporting the industry.
Food Minister Pralhad Joshi announced the decision on social media, stating the measure would benefit 50 million farmer families and 500,000 workers while strengthening the sugar sector.
Joshi said it would boost the liquidity of sugar mills, ensuring timely payment of cane dues, besides balancing availability and prices for consumers.