(a) whether Government of India has banned the export of sugar till March, 2007;
(b) if so, the details thereof and the reasons therefor;
(c) whether the decision to ban the export of sugar will also be applicable on preferential
quota sugar exports to US and EU;
(d) if not, the reasons therefor; and
(e) the extent to which it is likely to effect the foreign exchange reserve of India?
THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY(SHRI JAIRAM RAMESH)
(a) Yes, Sir.
(b) The decision to ban export of sugar was taken to augment the supply of sugar for
controlling rising prices. Export of sugar from the country is regulated by relevant
Notifications issued by Government of India under Foreign Trade (Development &
Regulation) Act, 1992.
(c) No, Sir.
(d) India`s preferential sugar quotas for export to EU & US are in existence for more
than last ten years, having been obtained for the benefit of Indian exporters.Any
disruption in export of quota sugar to these countries results in reduction of quota
which is already quite limited.
(e) The Government factors all relevant concerns.