Global Trade Alert
Global Trade Alert

India: Sugar price stabilization measures announced

Announcement

06 Jun 2018

The Union Cabinet of Ministers has approved several interventions to stabilize prices of sugar in the domestic market.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

06 Jun 2018

Revocation date:

No revocation date

Price stabilisation In force

On 6 June 2018, the Indian Union Cabinet approved several interventions, listed below, to stabilize prices of sugar. The total cost of these interventions has been estimated at INR 7000 crore (~ USD 1...

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Interest payment subsidy In force

On 6 June 2018, the Indian Union Cabinet approved several interventions to stabilize prices of sugar. These include a scheme to provide loans to distilleries, at reduced interest rates, for installati...

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