Sugar Production: 11 percent decline in sugar production, how ready is the government to stop the price rise?

Sugar Production: 11 percent decline in sugar production, how ready is the government to stop the price rise?

Sugar Production: There has been news regarding the sugar production of India, the world's second largest country in sugar production, which can be a cause for concern. Recently, sugar rates in the country seem to be increasing and now due to low sugar production, doubts are being raised that in future we may have to spend more for the sweetness of sugar. style="text-align: justify;">In this year's sugar marketing year, during October 1 to December 15, sugar production in India declined by 11 percent to 74.05 lakh tonnes. This decline has been seen on an annual basis i.e. in the same period last year, sugar production was 82.95 lakh tonnes. 

What were the reasons for the decline in sugar production

Industry organization Indian Sugar Mills Association (ISMA) has informed that this year low production in Maharashtra and Karnataka has become the main reason for the decline in sugar production in the country. According to the statement of the Indian Sugar Mills Association, till December 15 in the sugar marketing year 2023-24, sugar production stood at 74.05 lakh tonnes, which is 8.9 lakh tonnes less than last year and in percentage terms it shows a decline of 11 per cent. p>

Starting work delayed in sugar mills of Maharashtra and Karnataka

According to Indian Sugar Mills Association "This year, work in the sugar mills of Maharashtra and Karnataka started about 10-15 days later than last year and the number of operational factories is only 497 on an annual basis.

How much sugar production has decreased in Maharashtra-Karnataka – know from ISMA data

During the sugar year from October 1 to December 15, sugar production in Maharashtra declined from 33.02 lakh tonnes to 24.45 lakh tonnes. Production in Karnataka decreased from 19.20 lakh tonnes to 16.95 lakh tonnes.

Sugar production has increased in UP

In the sugar production marketing year of 2023-24, sugar production in Uttar Pradesh increased to 22.11 lakh tonnes, whereas it was 20.26 lakh tonnes in the same period a year ago. This is the data from October 1 to December 15.

The central government has imposed a ban on the export of sugar

ISMA last week estimated that total sugar production in marketing year 2023-24 is expected to be 325 lakh tonnes (without use for ethanol). The country has storage of 56 lakh tonnes and consumption is estimated to be 285 lakh tonnes. To boost domestic supply and control prices, the government has not allowed export of sugar in the current marketing year. India had exported 64 lakh tonnes of sugar in the marketing year 2022-23. 

Read this also

Indigo Airline: Indigo created history, became the first Indian airline to make such a record

Get more latest business news updates

Scroll to Top