Move to export sugar draws flak

Government on Monday allowed export of 10,000 tons of sugar to EU

PTI | February 17, 2010


Too precious to be exported
Too precious to be exported

The government's move to allow export of 10,000 tons of sugar to the European Union has drawn flak from political parties, including the Congress.

Officially the Congress sought to distance itself from centre's decision saying it was not aware of the move and only the ministry concerned would reply to it. "If there is such a move, the rationale behind it would have to be seen. Agriculture minister is the authoritative person to speak on it or the officials," party spokesman Manish Tewari told reporters here.

Party sources, however, said if such a decision has been taken it will further lead to inflation and shortage of sugar in the market.

"We are yet to examine it as no official communication has come. But if media reports are correct, it will adversely affect the fight against inflation and further fuel inflationary trend. This is not the right time for such a decision," a senior party leader said.

The BJP criticised the government move. "The government's decision to export 10,000 tonnes of sugar to the EU at a time when its prices have gone up by 58.96 per cent in a year, shows complete lack of coordination among its departments, party spokesman Rajiv Pratap Rudy said.

The government had, on Monday, allowed export of 10,000 tons of sugar to the EU for the fiscal 2009-10.

Comments

 

Other News

‘Oral cancer deaths in India cause productivity loss of 0.18% GDP’

A first-of-its-kind study on the economic loss due to premature death from oral cancer in India by the Tata Memorial Centre has found that this form of cancer has a premature mortality rate of 75.6% (34 premature events / 45 total events) resulting in productivity loss of approximately $5.6 billion in 2022

Days of Reading: Upendra Baxi recalls works that shaped his youth

Of Law and Life Upendra Baxi in Conversation with Arvind Narrain, Lawrence Liang, Sitharamam Kakarala, and Sruti Chaganti Orient BlackSwan, Rs 2,310

Voting by tribal communities blossoms as ECI’s efforts bear fruit

The efforts made by the Election Commission of India (ECI), over last two years, for inclusion of Particularly Vulnerable Tribal Groups (PVTG) communities and other tribal groups in the electoral process have borne fruit with scenes of tribal groups in various states/UTs participating enthusiastically in t

GST revenue for April 2024 at a new high

The gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents a significant 12.4% year-on-year growth, driven by a strong increase in domestic transactions (up 13.4%) and imports (up 8.3%). After accounting for refunds, the net GST

First Magahi novel presents a glimpse of Bihar bureaucracy a century ago

Fool Bahadur By Jayanath Pati (Translated by Abhay K.) Penguin Modern Classics, 112 pages, Rs 250 “Bab

Are EVs empowering India`s Green Transition?

Against the backdrop of the $3.5 billion Production-Linked Incentive (PLI) scheme launched by the Government of India, sales of Electric Vehicles (EVs) are expected to grow at a CAGR of 35% by 2032. It is crucial to take into account the fact that 86% of EV sales in India were under the price bracket of $2

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter