Govt notifies additional 5 lakh tonnes of sugar exports

NEW DELHI: The government has notified exports of additional five lakh tonnes of sugar, which a panel of ministers had approved last week.

The Empowered Group of Ministers (EGoM), headed by Finance Minister Pranab Mukherjee, had on August 12 decided to allow exports of an additional five lakh tonnes of sugar in view of production higher than domestic demand.

"It has been decided to allow further exports of five lakh tonnes of raw, white and refined sugar under OGL," the Food Ministry said in the notification.