2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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60 Lakh Metric Tonnes
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50 Lakh Metric Tonnes
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10 Lakh Metric Tonnes
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20 Lakh Metric Tonnes
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Detailed explanation-1: -Synopsis. The food ministry has allowed 60 lakh tonnes of sugar exports for the current 2022-23 marketing year (October-September). India exported around 110 lakh tonnes of sugar–an all-time high–in the previous year.
Detailed explanation-2: -In the beginning of 2022-23 sugar year (October-September), the government restricted sugar exports to 6 million tonnes, and so far, export contracts for 6.1 MT have been inked. The new plan involves restricting shipments of around 85, 000 tonnes that are yet to leave Indian shores.
Detailed explanation-3: -2023. Gist of the policy : 1. All grades of sugar i.e. raw, white as well as refined sugar can be exported by a sugar mill / refinery / exporter up to the extent of 60 LMT allocated.