New Delhi, Aug 20 (PTI): The government on Thursday allowed duty-free imports of 10 lakh tonnes of raw sugar under tariff rate quota till October 31 amid rising prices of the sweetener in local markets.
The move is aimed at enhancing domestic availability and capping price rise.
“The import policy for raw sugar is amended to allow 10 lakh MT of duty-free imports under Tariff Rate Quota (TRQ) till October 31, 2026,” the Directorate General of Foreign Trade said in a notification.
The order has come against the backdrop of a sharp rise in sugar prices, with ex-mill rates hitting record levels due to a lower opening stock ahead of the 2026-27 season. The all-India average ex-mill price rose to Rs 5,400-5,500 a quintal on Tuesday, up from Rs 3,900 a year earlier, according to an industry body.
Saturday, August 22, 2026